Monday, May 8, 2006

They thinks its all over….it will be soon!

Party over for Fixed rate fans

ATTRACTIVE fixed-rate mortgages are on the way out. Most major lenders, including Abbey, Halifax, Northern Rock and Portman, have increased their fixed rates by up to 0.1 percentage points in the last few weeks. Nationwide has increased rates twice since the start of the year.

Posted by cupidstunt @ 03:36 PM (630 views)
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One thought on “They thinks its all over….it will be soon!

  • Talking_rot says:

    Major lenders are sassy businesses. The end of fixed rate mortgages means lenders are banking upon higher rates in 2 years. Not a lot to add to that but a lot of water can flow under a bridge in 2 years.

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