With the problems continuing in the housing market, many consumers are still uncertain about whether or not they should get an endowment mortgage. The rate of return on many endowment mortgages has been disappointing and those that do have them may be regretting their decision. For those seeking endowment mortgages, experts advise waiting to see […]
The simple guide to endowment mortgages
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Endowment Mortgage Holders Seeking New Fixed Rate Loans
Posted on August 22nd, 2008 by Bright Light
Those looking to get rid of their endowment mortgage due to low returns are increasingly turning to fixed mortgages as a means of saving money over the long term. Many have been disappointed by the performance of their endowment mortgages and need a new way to finance their homes as a result. While some banks […]
Retirees Seeking Other Options Than Endowment Mortgages
Posted on August 15th, 2008 by Bright Light
As retirees try to weigh whether or not to get an endowment mortgage, it appears as though many are choosing different options instead. This is being blamed on lowered return rates for endowment mortgages, as well as a lack of consumer confidence. Although there are benefits to endowment mortgages, retirees are being much more careful […]
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