The Offset Mortgage Centre announced today that they are releasing a brand new guide for homeowners that need to learn more about how offset mortgages work. Many consumers are confused as to what an offset mortgage does and whether or not it will be useful for their needs. This new guide hopes to answer all […]
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Lenders Try to Offset Mortgage Debt
Posted on April 23rd, 2008 by Bright Light
In a bid to stay afloat and keep their doors open, many banks are trying to offset their mortgage debts any way they can. The Bank of England rolled out a new $100 billion plan that will help offset mortgage debt for many banks, but experts wonder if it will be enough. One lender in […]
Offset Mortgages Recommended For Those With Savings
Posted on April 16th, 2008 by Bright Light
Experts are encouraging home owners with a savings account to consider getting an offset mortgage, since this market seems to be hanging on despite the economic crunch. For now, it may be a very solid way to get money back on their home investment. ’Say you were paying 6 per cent on a non-offset mortgage,’ explains […]
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