The future direction of the mortgage market is a hugely important element of the largest financial decision most of us will take. Our aim is to produce the first truly informed prediction of rate movements in the UK mortgage market.
(PRWEB UK) 7 May 2013
TotallyMoney announces today the launch of ‘The TotallyMoney Mortgage Rate Predictions’, a new resource for journalists. The ‘TotallyMoney Mortgage Rate Predictions’ is a unique source for data led stories and statistics, underpinned by expert opinion and comment. Feedback is welcomed from the media who are also encouraged to make use of the various quotes offered on the site from mortgage experts.
How does it work?
Using the average of the lowest 50 mortgage rates in the market as a baseline, the views of a wide range of industry experts and commentators have been lobbied. These views are aggregated into a single set of panel predictions showing One month, two year and five year mortgage rate predictions.
Will Becker, Founder and CEO of TotallyMoney said, “The future direction of the mortgage market is a hugely important element of the largest financial decision most of us will take. Yet it has been hard for consumers or journalists to form a coherent picture of where the market is going; whether to fix or float; whether to re-mortgage now, or wait. And it has been time consuming to get a balance of expert opinion. Our aim is to produce the first truly informed prediction of rate movements in the UK mortgage market. You’ll find expert opinion on both side of the argument within our panel and, through group intelligence, we believe our rate prediction will be more accurate more often than any single source.”
Results are published monthly and also plotted retrospectively to provide a commentary on how our predictions fare over time. We also publish average rate movements in a huge range of mortgage sub-categories making it easy to see the mortgage rates that apply to you or to your case study.”
For this month’s predictions visit http://www.totallymoney.com/mortgages/rate-predictions/
Since TotallyMoney was founded in 2006 we’ve created a series of innovative products and services that have been used by millions of people looking to compare financial products and save money online.
Editor and supplementary notes:
We aim to distribute each month’s predictions to the media and other stakeholders in the first few days of each month. We actively encourage media and other stakeholders to reproduce data, quotes and other content but permission to do so is granted on condition that TotallyMoney mortgage rate index is quoted in the body copy or that a link to this content is embedded in the body copy.
The information contained in this press release is intended solely for journalists and should not be used by consumers to make financial decisions. Any consumer interested in learning more about any of this product should visit http://www.totallymoney.com for full terms and conditions.
For further information, contact:
T: 020 7841 7313 / 07759 635919