The approval rates for poor credit mortgages continued their downward spiral this month. Banks are refusing to offer many poor credit mortgages as they look to lower their risks. In addition, those that need to get a refinance for a poor credit mortgage are seeing that this may be nearly impossible.
Katie Tucker of John Charcol […]
A simple guide to Poor Credit Mortgages
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Poor Credit Mortgages Continue to Fall
Posted on June 26th, 2008 by Bright Light
Poor Credit Mortgage Problems Continue
Posted on June 19th, 2008 by Bright Light
Despite the best efforts of builders and the government, the rates for poor credit mortgages continue to rise. This has left many unable to afford their poor credit mortgage and default rates are quickly going up. The problems in the poor credit mortgage market have been confounded further by lowering home values.
Moneyfacts Mortgage Expert Darren […]
Restrictions on Poor Credit Mortgages Tightening
Posted on June 13th, 2008 by Bright Light
In an effort to help consumers that need poor credit mortgages, the CML announced that they would be working with banks on restrictions. These new rules may make it easier for some to get a poor credit mortgage, but others may find themselves no better off. According to experts, those in the poor credit mortgage […]
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