Mortgage Rates Payment Calculator UK

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Mortgage article 24:Lending Slows for Christmas but Reaches Record Levels in 2001; page 3

"Last year was extremely favourable for home buyers, with record levels of lending for house purchase 
and remortgaging. The aggressive cuts in interest rates during recent months have helped to offset 
any adverse impact following 11 September."

"However, the housing and mortgage markets will grow less strongly in 2002. While the economic outlook 
remains positive, small rises in interest rates and higher unemployment are expected. Borrowers need 
to think how this may affect their household finances and whether they need insurance to cover their 
mortgage payments if they lose their jobs." End of article - Back to mortgage articles list

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