The mortgage market is constantly changing, and lenders are constantly adjusting their rates and terms to stay competitive. Keystone Property Finance and Lendco are two of the biggest players in the mortgage market, and they recently announced changes to their rates and terms. In this article, we’ll take a look at the changes they’ve made and how it could affect borrowers.
Keystone Property Finance recently announced that they have reprised some of their deals, meaning that they have changed the terms of some of their mortgages. These changes include lower interest rates, longer loan terms, and more flexible repayment options. These changes are designed to make their mortgages more attractive to potential borrowers, and could result in lower monthly payments for those who qualify.
Lendco also recently announced changes to their rates and terms. They have withdrawn some of their rates, meaning that they are no longer available to borrowers. This could be due to a variety of factors, such as market conditions or changes in the lender’s risk appetite. It’s important to note that these withdrawn rates may still be available to existing customers, so if you’re an existing customer you should check with Lendco to see if you’re eligible for any of these withdrawn rates.
For borrowers looking for a mortgage, these changes from Keystone Property Finance and Lendco could be beneficial. Lower interest rates and more flexible repayment options could make it easier for borrowers to find a mortgage that works for them. However, it’s important to remember that these changes may not be available to everyone, so it’s important to shop around and compare different lenders before making a decision.
In conclusion, Keystone Property Finance and Lendco have recently made changes to their rates and terms. These changes could be beneficial for borrowers looking for a mortgage, as they could result in lower interest rates and more flexible repayment options. However, it’s important to remember that these changes may not be available to everyone, so it’s important to shop around and compare different lenders before making a decision.