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Traditionally a 5 year mortgage rate has been more expensive than a two-year fixed deal. However, in the recent past due to the volatile economic climate, the five year mortgage rates appear to be cheaper than a 2 year-fixed deal…

With average two-year interest rates now over 6 percent borrowers need to seriously consider paying off their mortgage faster. Interest is a cost and it effectively loses money. Planning wisely can help you pay less interest and settle your mortgage faster.

Traditionally a 5 year mortgage rate has been more expensive than a two-year fixed deal. However, in the recent past due to the volatile economic climate, the five year mortgage rates appear to be cheaper than a 2 year-fixed deal. Let’s now find out about the pros and cons of a five-year deal and see if it suits you.

When you’re looking for a mortgage, it’s important to understand the various terms and factors that affect the total cost of your loan. One of the most significant factors to consider is the interest rate and the annual percentage rate (APR). In this article, we answer the commonly asked question, what is interest rate vs APR on a mortgage?

The question of whether a newly qualified nurse can get a mortgage in the UK is a valid concern, especially for those just starting out in their careers. The answer to this question is not a simple one, as there are several factors that come into play when applying for a mortgage. In this article, we will explore the various factors that determine can a newly qualified nurse get a mortgage in the UK.

Remortgaging is a process of switching from an existing mortgage to a new one, usually with a different lender or product. It is a common practice in the UK, where homeowners aim to save money on their mortgage payments or access better terms and conditions. However, many people wonder does it cost to remortgage and whether it is worth the effort. In this article, we will explore the costs of remortgaging and explain the factors to consider when deciding whether to remortgage or not.

For many homeowners, their mortgage payments are their largest monthly expenses. With the current cost of living stretching budgets even further, many people are looking for ways to reduce their mortgage interest rates to make their payments more affordable. In this blog post, we answer the common question ‘can you lower your mortgage interest rate without refinancing?’ and list some alternative options.

The complex nature of a doctor’s salary and lifestyle can often make acquiring a regular mortgage somewhat more challenging for medical professionals. Some banks offer specialist mortgages for physicians and health professionals, and these are often the simplest and most financially efficient way to finance a new house purchase for doctors.

There are a number of mortgage products available on the market, so when you’re looking to buy a property, it can sometimes be hard to work out which one will best suit your circumstances. Finding out the differences and advantages of a range of mortgage options is always a good idea, so the two we’re going to look at today are Islamic mortgages and conventional mortgages.

The mortgage rate refers to the amount of interest you’re charged on the loan you took out against your property. The amount you pay will depend on many factors, including the length of your mortgage term, your deposit amount and whether you have a fixed or variable mortgage. In this article, we’re going to take a closer look at what mortgage interest rates are and answer the frequently asked question, ‘how are interest rates calculated?’.