Tuesday, September 12, 2006

Fixed rates on increase

Are mortgage borrowers now opting for short term fixed rates?

Mortgages Direct's monthly survey revealed that 75 per cent of borrowers opted for two-year fixed rate deals from only 60 per cent last month, as homeowners are fearful that the base rate will rise further in the near future

Posted by converted lurker @ 05:01 PM (586 views)
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