학술논문
Mortgage products double as market stabilises: Moneyfacts.
Document Type
Article
Author
Source
Subject
*Mortgages
*Mortgage loans
*Loan-to-value ratio
*Fixed rate mortgages
*Mortgage refinancing
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Language
ISSN
1475-651X
Abstract
The article reports that the number of mortgage products available has more than doubled in the past year, signaling a stabilization in the mortgage market, according to a report by Moneyfacts. It mentions report highlights a notable increase in products within the 85 percent loan-to-value tier, a decline in two- and five-year fixed rates, and a rise in average Standard Variable Rate (SVR), prompting borrowers to explore their options for refinancing as fixed-rate deals become more appealing.