Friday, Sep 26, 2008
Banks and building societies are raising their fixed rates, with some deals being increased by up to
mail: Homeowners face paying an extra £450 a year as lenders rush to raise mortgage rates
Billions of pounds have been put into the Bank of England’s overnight low-interest ‘ standing deposit facility’ – a sign of its nervousness.
Although this was £9.5billion on Monday, it had fallen to £5.9billion on Tuesday, and just £35million on Wednesday.
Posted by big chris @ 06:08 AM (126 views) Add Comment
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