The lowest interest rate for a five year tracker with a 60% LTV in the market has increased by 50% since January 2014, up from 1.99% to 2.99%.
Increased focus on budget planning and preparing for rate shocks will be the two biggest upcoming challenges for mortgage brokers, according to Mortgage Brain CEO Mark Lofthouse.
Mortgage Brain has added a new function to its sourcing system allowing brokers to find Help to Buy mortgage guarantee products more easily.
Other Mortgage brain articles
There has been a rise in the number of mortgage broker apps released for smartphones and tablets in recent months, but do you use them on a regular basis?
The headline rates of mortgages at 90% LTV are now more than double those products on offer at 60% LTV.
Brokers will be able to start sourcing mortgages on Mortgage Brain with one device and continue later with another from 2014.
Leeds Building Society has seen an influx of new business from the intermediaries following the launch of its range of Welcome mortgages.
Mortgage Brain’s iPad sourcing app iSourceMortgages has been accessed more than 5,000 times in the three months since its launch.
Tumbling fixed rate mortgages have seen the gap between higher LTV mortgages and lower LTV equivalents widen, market analysis from Mortgage Brain has shown.
A huge thank you to all the sponsors and guests who donated to our charity draw last night at the British Mortgage Awards.
The British Mortgage Awards took place last night at London’s Westminster Park Plaza and Mortgage Solutions has all the winners.
Technology provider Mortgage Brain has launched iSourceMortgages, an iPad sales tool and product sourcing app for brokers.
Brokers will be able to find buy-to-let mortgages more easily with Avelo Trigold’s latest sourcing tool.
Most read articles
Most commented articles
Updating your subscription status
Find the latest mortgage deals here