
Mortgage News
Lenders move to floating rates
Monday 28th of July 2003
This finding comes from a survey of 200 people carried out by Colamr Brunton for Wizard Home Loans.When asked what they did with the financing of their mortgage after the last interest rate cut, over half of the people surveyed said they kept their payments the same, taking advantage of the rate cut to pay more off their mortgage.
Wizard said recent rate reductions of 50 basis points and...
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