Fixed-rate bonds stop rewarding savers

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Fixed-rate bonds stop rewarding savers
Savers chasing the best deal for their cash can now earn almost as much interest on instant access as from locking into a one-year fixed rate

Santander launches fee free bank account
Santander, owner of Abbey, has launched a bank account that does not impose any fees even if the holder exceeds their overdraft limit in advance of a major court decision into the fairness of penalty charges.

Mortgage lending down 27 percent year-on-year
LONDON (Reuters) - Gross mortgage lending fell 27 percent year-on-year to 13.5 billion pounds in October, the Council of Mortgage Lenders said on Thursday.

Blogging On Interest Rates, Economics & Business in New Zealand

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