Since the credit crunch, banks and building societies have tightened tMortgages - between a Rock and a hard place Author: // Category: Mortgage Remortgaging, or moving your for a better deal, has become a nightmare rather than the surefire way of saving money that it was even just a few months ago. According to data analysts Moneyfacts, there are now fewer than 4,000 different types of mortgage on offer, compared with more than 11,000 last July, and a peak figure of around 15,000. These can include settlement costs, discount points, and other fees. There may also be a penalty charged for paying off your original loan early, although some states prohibit this.
