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Moneynet.co.uk Issue 41 - April 2007
Moneynet Home Loans Credit Cards Insurance Mortgages Banking & Saving Refused Credit Product Guides

With continued interest rate uncertainty, this week we look at your mortgage options and suggest some of the alternatives available to you.


Mortgages - To Fix Or Not To Fix
The Bank of England decided to keep interest rates on hold last week - the third month in a row that they have done so. But how long will this last?

Many experts feel that a further quarter per cent increase in base rates is likely next month and this could in turn lead to a further rise in mortgage rates, although Swap Rates - the money market rates on which most fixed rate deals are based - have already been rising over the last couple of weeks in anticipation of a further base rate increase.

So, should you fix your rate now or opt for a variable discounted rate or a base rate tracker which will follow any changes in base rates?
read more ...
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spotlight on...

credit cards
MBNA Platinum Plus
point 1  Typical 15.9% APR
variable

point 2  0% on balance transfers for
12 months
point 3  0% on purchases for 3 months
more
mortgages
Yorkshire Building Society
point 3  Shouldn't the 'Lender Of The
Year' be your Mortgage Lender?
point 3  Apply now!
more
Debtbuster Mortgages
point 3  Fast Remortgage. Apply Now
point 3  Bad Debt? Don't Worry. Lower
interest rate than on loans
point 3  Professional, hassle-free service
more
unsecured loans
Northern Rock Low Rate Loan
point 3  6.4% APR Typical on
£1,000 - £25,000

point 3  Instant online decision usually
provided
point 3  Same day funds option
more
debt management
Debt Free Direct
point 3  Debt Problems Solved
point 3  Debts over £15,000?
point 3  You or your partner in full time
employment?
point 3  Click here to solve your debt
more
homeowner loans
Picture Loans
point 1  Typical 7.9% APR
variable

point 2 £10,000 to £100,000 over 10 to
25 years
point 3  Any purpose secured loans at
competitive rates
more

THINK CAREFULLY BEFORE SECURING OTHER DEBTS AGAINST YOUR HOME. YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE OR ANY OTHER DEBT SECURED ON IT.


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