Mortgage News

Short-term home loan rates a rising

Monday 20th of September 2004
The main move has been the 25 basis point increase in floating rates. Currently most banks have increased their variable rate, as has Sovereign – the largest non-bank lender. In fact when you look at the table there are very few lenders which haven’t increased their floating rate.

Rates get a little more interesting when you look out further. Quite a few organisations have increased their sho...

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