HSBC is planning to launch a “Rate Matcher Mortgage” which would benefit many borrowers that own fixed rate mortgage. With this scheme, those borrowers whose fixed-rate mortgage is due to end before 30 June 2008 can continue the deal with a fresh loan from HSBC on the same rate for another two years. But, the […]

Today, lenders are becoming more cautious due to the lack of confidence in the mortgage-backed reserves and also they are thoroughly examining the financial status of the borrower before lending. They are also trying to pull out the best deals at short notice once they become popular. Since the New Year the banks are issuing […]