A banking official is warning that the flexible mortgage crisis is the worst one that has occurred in years, and things may get even worse. For those seeking a flexible mortgage, most are finding that they must have perfect credit for the bank to even issue an offer. Numerous banks have raised their rates on […]
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Help Slow in Coming for Flexible Mortgage Holders
Posted on April 23rd, 2008 by Bright Light
Although banks have been told once again to lower their rates, no help is seen on the horizon for those that are struggling with high rate flexible mortgages. The Bank of England is also planning a bailout of many banks, but experts warn that any effects for flexible mortgages will be slowing in coming, if […]
Consumers Increasingly Angry Over Flexible Mortgage Rates
Posted on April 16th, 2008 by Bright Light
Even though the government has all but demanded that banks lower the interest on flexible mortgages, many have yet to do so and most banks are actually raising their rates. This has angered consumers as they attempt to budget their newly higher flexible mortgage payments. New accusations are also flying that only certain customers are […]
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