Yorkshire Bank has improved its two year buy-to-let mortgage, making it one of the best options for buyers with a 20% deposit.
The two year deal, now priced at 5.29%, is the lowest rate in this sector at 80% loan-to-value and although there are no incentives on offer a low fee of £999 is payable.
The mortgage is also available from Clydesdale Bank.
Four out of five Moneyfacts stars have been awarded.
Find the best mortgage for you – mortgages
The features of Roth IRA make it favorable for the average American. The prime benefit that a Roth IRA offers is that it taxes the account holder at the time of contributions itself; such that the fund then grows unaffected by taxes. Roth IRA would be the most apt choice for graduates, fresh out of college or high school. These individuals, if they start investing in Roth IRA, right from the start of their career, will be greatly benefited as they pay off taxes when the rates are reasonable avoiding the burden of paying higher taxes in the future. In addition to this, a Roth IRA gives its investors the freedom to make withdrawals as and when they need. Qualified withdrawals can be made without paying any taxes. Turn to the page roth-ira.org and learn more about Roth IRA.
Roth IRA is available to only a select group of individuals, so before you decide to invest in it, make sure, you are eligible to do so. Read more…
In the last two days I have received three books from Wiley. All three look like great reads. They are (all s)…
Great read so far. I’ll review once I’m finished (hopefully Friday).
Ken Fisher’s latest. Looks interesting.
Again, another interesting-looking read.
I look forward to reading them all. Fortunately, all of them are fairly short. I like that Wiley is sending me these kinds of books. I enjoy
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Fitch Ratings says the European Central Banks 25bps interest rate cut today puts into focus the pressure on life insurers margins and earnings from low interest rates. Although insurers are exposed to long-term bond yields rather than the ECBs short-term interest rates, the ECBs rate decision means long-term interest rates are expected to remain low. Although not generally a threat to capital or existing ratings in the near-term, prolonged low interest rates will create challenges.
Life insurers are exposed to interest rate risk through investment leverage, product guarantees and policyholder options. Most sensitive would be insurers with a duration of liabilities in excess of assets and a high exposure to bonds that exhibit negative convexity ie, whose prices do not rise as much as most bonds when interest rates go down.
There has been sustained pressure on life insurers profitability for several years as their investment portfolios need to produce sufficient returns to meet the guarantees on their products.
Read more…
Sometimes a picture is worth a thousand words…we’re all used to hearing about “historically low rates” but what does that mean to a generation of folks that don’t really understand where rates were in the past? Even for folks that have been around, have past rates been completely forgotten about? Here are two charts that drive home what “historically low rates” mean – obviously rates fluctuate based upon about a billion influencing factors so get your credit in order and see what you quality for.
