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MR - Latest Trends

The big tick

Thursday 22nd of October 2009

 

Following the latest round of rate hikes, the above yield graph illustrates the amount of upward movement made to long-term fixed rates this year, more particularly the past six-months, and it also shows the yo-yo affect as the rates are nearly back to where they were this time last year.

The graph also shows the huge drop in floating rates in the past year and the obvious place to be in the home loan market is still floating or on a short-term basis.

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