Wednesday 4 February 2009

Whatever happened to the 2 year 95 percent LTV mortgage

The Bank of England used to keep a data series tracking the interest rate on two year 95 percent LTV mortgages. After May last year, the data is blank. Presumably, banks simply stopped offering them.

They were getting rather pricey before they died. The last data point was 6.9 percent.

4 comments:

Anonymous said...

Another victim of the credit crunch

Anonymous said...

Can one still get a 95% mortgage?

Anonymous said...

would be interesting to compare interest rates of a 90%, 75% and 60% LTV mortgage in the same graph to see how the spreads between them have widened in 2008

Angelina said...
This comment has been removed by the author.