Wednesday, January 23, 2008
And while the Fed cuts, UK borrowers are squeezed yeah!
Certain mortgages provided by Nationwide will have higher rates from January 23rd, the building society has announced. For example, a two-year tracker with a £599 fee which used to have a 5.58 per cent rate is now on offer at a rate of 5.68 per cent. Meanwhile, a lifetime tracker with no fee will be provided at a 5.89 per cent rate, having previously had a 5.74 per cent rate. What did StuarzLaw say?