
Mortgage News
Home loan report: Flurry of rates
Thursday 5th of June 2008
Most of the movement has been from the banks which first dropped their short-term fixed rates and left longer-term ones unchanged. Then they reversed the trend putting rate terms of three years or more down and shorter-term rates up.The changes were brought about firstly through weaker economic data, but following the Budget a view developed that the government's spending plans were going t...
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