Hopes that the half point interest rate cut and the Government's bail out of the banks could bring good news for borrowers seem to be fading as mortgage rates rise. On the flip side, savers continue to benefit from some great deals with two providers having increased rates. We look at what this means for you...Clare Francis, Site Editor, ask Clare a question
"This month's reduction in interest rates, coupled with state intervention to stabilise the global financial crisis, should have been good news for the mortgage market. But as yet, there is little evidence that the state of affairs is improving. So what does the future hold for those needing a home loan?" read more
"Even though Bank rate was slashed by 0.5 percentage points this month, several providers have increased their savings rates indicating the market is set to remain competitive. However, introductory bonuses are rising so you must be careful when shopping for a safe and profitable home for your money"read more
"With Christmas around the corner and households grappling with rising living costs, it could be a tough festive season. But, moneysupermarket.com's new shopping channel can help minimise those Christmas shopping bills..."read more
"One year on from the beginning of the digital TV switchover, many viewers are still confused about how to make the change. We'll explain what the switch means for you and what you need to do to be ready..."read more
Rates valid on 17/10/08. Terms and conditions apply. Please see moneysupermarket.com for further information.
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