News

A glimmer of hope for borrowers

Friday 1st of February 2008

The year started with the banks making reasonably significant increases to all their fixed rates, with rises of 20 basis points being the norm.

Added to that non-bank lenders made similar increases and have also pushed up floating rates too.

However, the past week has seen rates fall, particularly for longer duration terms such as five-years.

The falls are be...

Want to read the full article?
Click the button below to subscribe and will have unlimited access to full article and all other articles on the site.