News

04.07.11 by Andrew Montlake

Mortgage Market Weekly Update

Mortgage Rates are now the lowest they have been for 23 years! Not our words, but the result of a report by Moneyfacts who say that this is due not only to the expectation that rates will now not change this year, but also because lenders are finding it cheaper to raise funds in the financial markets.

So with 2 year fixes now down at 2.68%, 5 years at 3.89% and tracker products available from just 1.99% this year really does seem like the best time to lock in to a great product.

On a Coreco personal note, the highly respected British Mortgage Awards took place last week which saw our very own Rob Gill as runner-up in the Best Large Loan Broker category, whilst Andrew “Monty” Montlake walked away with the Award for Best Press Spokesperson beating off all opposition and showing that our guys are highly respected within our industry.

This should help to give you enormous confidence when recommending or using our services.

Monty’s Mortgage Blog

18.05.12

Why Should A Borrower Choose To Use A Mortgage Broker?

There still seems to be a general misconception of what a mortgage broker actually does. Any brokers can tell you in seconds what the cheapest rate in the market is and, at various times, this will vary between a direct to lender product or a broker only deal, but this misses the point. Can this product actually be attained and is it the best to fit your personal circumstances?

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