Ray Boulger's Blog
Ray Boulger is widely renowned as the guru of the mortgage industry and expert on the housing market. Ray is constantly called upon by the media to provide informed comment on all areas of the market, and is a regular on the BBC, Sky and ITV.
Last year, Ray was voted guru of the year at the Headlinemoney awards by all of the nation’s money and property journalists. As such, we thought it was high time that you had direct access to him. Ray’s blog will be updated most days so the knowledge just keeps on coming.
27/08/2009 by
After their complete failure prior to the credit crunch to properly do the job they are paid to do (by the issuers of those same mortgage backed securities they were rating) and spot where the risks were in these securities, a...
Categories: Property market, Mortgages, Interest rates
25/08/2009 by
In its regular comparison of the price of fixed rate mortgages with swap rates Moneyfacts has today flagged up that the current differential of 3.14% between 2 year swaps at 2.04% and the average 2 year fix at 5.18% is the widest...
11/08/2009 by
As promised in my previous post I will now comment on the second part of the Treasury Select Committee’s brief, i.e. access to mortgage finance, in its report entitled “Mortgage Arrears and Access to Mortgage Finance” it published...
Categories: Property market, Mortgages, Regulation, House and home
08/08/2009 by
The Treasury Select Committee’s report on “Mortgage Arrears and Access to Mortgage Finance,” published today, pulls no punches. Furthermore the FSA is just as much in the firing line as lenders. I will comment in this post on the...
Categories: Mortgages, Personal finance, Regulation, House and home
06/08/2009 by
The Monetary Policy Committee’s announcement that it was leaving Bank Rate unchanged this month at 0.5% was a foregone conclusion but it surprised the markets by increasing the Quantitative Easing (QE) programme by £50bn, taking...
Categories: Property market, Bank of England, Mortgages, Interest rates
05/08/2009 by
The headline of the lead story in tonight's Evening Standard is “We sell junk says boss of organic stores.” ...
Categories: Miscellaneous
30/07/2009 by
Nationwide’s “Real” House price Index recorded an increase of 1.6% in July, the same as June, compared to the seasonally adjusted figure of + 1.3% for July and an upwards revised + 1.0% for June. This is the sixth consecutive...
Categories: Property market, Bank of England, Mortgages, House and home, Interest rates
27/07/2009 by
The BBC is reporting that Barclays' online banking services were unavailable to some UK customers from 9.30. to 14.00. today owing to a hardware glitch. ...
Categories: Miscellaneous
21/07/2009 by
The FT is reporting that Land Securities is in the process of issuing £360m of Commercial Mortgage Backed Securities (CMBS) with a maximum term of 18 years. The security is a single prime office building in Queen Anne’s Gate,...
Categories: Property market, Mortgages
21/07/2009 by
As I commented on 15 July economists were expecting Federal Reserve Chairman Ben Bernanke to show how the Fed will exit the biggest monetary expansion in history in his half yearly report to the House Financial Services Committee...
Categories: Bank of England, Interest rates
The blog postings on this site solely reflect the personal views of the authors and do not neccessarily represent the views, positions, strategies or opinions of Charcol Limited. All comments are made in good faith, and neither Charcol Limited nor Ray Boulger will accept liability for them.