UK Home Mortages http://www.uk-home-mortgages.co.uk Compare UK Home mortgages here, all the latest home mortgage advice in one place. Cheap mortgages UK Thu, 14 Feb 2008 16:00:56 +0000 http://wordpress.org/?v=2.3.1 en Home mortgages are getting cheaper http://www.uk-home-mortgages.co.uk/index.php/home-mortgages-are-getting-cheaper/ http://www.uk-home-mortgages.co.uk/index.php/home-mortgages-are-getting-cheaper/#comments Thu, 14 Feb 2008 16:00:56 +0000 admin http://www.uk-home-mortgages.co.uk/index.php/home-mortgages-are-getting-cheaper/ The Bank of England has lowered the base rate interest to 5%. This means that UK home mortgages will be cheaper for the average home owner. Will this mean that people rush out and get a bigger mortgage? Probaly not! It could be advised however that you go out and refinance your deal in order to take advantage of the cut that has recently been announced.

 A similar thing goes for your loans and credit cards, however with the credit crunch still very much a problem in world markets. However there are signs that this is easing off in the USA and this should spread to the UK soon.

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