Mortgage payment calculators can come in a few different forms and are very useful for potential homeowners seeking to purchase a home and yet wanting to ensure they can keep up with their payments on a regular basis.

Consolidation loans have become increasingly popular over recent years, with more and more people using these loans in order to ease financial management as well as to reduce their monthly repayments and enjoy more disposable income.

As many of us are reaching retirement age, we are questioning ourselves as to how to acquire the funds we may need to pay for health care. The need for long-term care is getting to be more and more relevant to our American society

The squeeze on the availability of mortgages is expected to continue in the next three months, the Bank of England has warned.

Figures from the British Bankers Association (BBA) show that its members approved 44,000 new mortgages for house purchase in January.

The number of new mortgages granted to home buyers slumped to just 62,000 in December 2007, according to the Council of Mortgage Lenders (CML)

The annual Mortgage Strategy Awards were held on the 5th February 2008 at the plush Grosvenor House in London. Launched in September 2001 Mortgage Strategy is the only publication serving dedicated mortgage intermediaries and thus the event attracted many of the industry’s key players,

Woolwich is launching two new products to appeal to both ends of the market, including a first time buyer mortgage fixed for two years at 6.29 per cent with no higher lending charge up to 95 per cent of the purchase price.

Bank of England policy-makers are poised to cut interest rates this week, amid growing evidence that cash-strapped consumers are suffering from the credit squeeze; but mortgage lenders are already warning that they may refuse to pass on the benefits to borrowers.

More than one million families are in danger of losing their home over the next 18 months, Britain's financial regulator warned yesterday.It fears that huge mortgages and other debts will prove a lethal cocktail during the global credit crunch

The scourge of all householders - mortgages that lock borrowers into high interest rates after a special deal has come to an end - is making an unwelcome comeback.

The cost of borrowing money is continuing to rise this month, despite a cut in the Bank of England base rate at the start of December and a sharp reduction in Libor, the rate at which banks lend to each other, over the past few weeks.

Last year saw the strongest gross mortgage lending to date, but the market is weakening, the Council for Mortgage Lenders (CML) has said.

Scotland's communities minister is to announce a £24m funding package to help hundreds of first-time buyers get a foot on the property ladder.

The number of households defaulting on their mortgage payments is expected to rise over the next three months, the Bank of England has warned.

The number of new mortgages being approved for home buying fell again in November, says the Bank of England.Its latest figures show that just 83,000 new mortgages were approved for home buyers last month.

Mortgage lending dropped by 8% in November, providing more evidence of a weakening housing market, lenders said.Council of Mortgage Lenders (CML) data showed gross lending fell to £30.7bn in November, down from £33.5bn in October and £33.2bn in November 2006.

The number of first-time home buyers in the UK has dropped to its lowest point since 1980 as house prices soar, mortgage lender Halifax says.An estimated 300,000 first-time buyers entered the market in 2007, 15,000 fewer than a year earlier.The average house was out of the reach of a typical first-time buyer in 96% of UK towns, Halifax found.

Before we dive into types of remortgage loans, it's important to understand the basics of what a remortgage is. A remortgage is a type of transaction where the homeowner chooses to switch mortgage lenders, but they will stay in the same property as in the first mortgage. People opt to remortgage when they want to save on repayments or if they want an influx of surplus funds.

Remortgage is simply defined as a process by which the mortgage on a property is moved from your original lender to new lender. The new mortgage, or remortgage, repays your original lender, and at the same time you can raise additional funds for other purposes by getting a remortgage with a lower interest rate than your original mortgage. Remortgaging can be helpful if you want to lower your monthly payments, release equity in your home, or raise an substantial amount of capital.