Thursday, November 10, 2011

Rates going up again, then!

Eurozone crisis may affect mortgages, brokers say

"Mortgage rates could start to rise again as a result of the turmoil in the eurozone, brokers are warning. Some lenders, including Woolwich, Halifax and Santander, have pushed up their tracker rates for new borrowers." "The rise in Libor is a consequence of the eurozone's problems and the growing anxiety about funds being available to banks"."It does not mean that people looking for mortgages will have to pay thousands of pounds more, but those borrowers expecting rates to fall will have to rethink."

Posted by alan @ 10:28 PM (802 views)
Please complete the required fields.

Add a comment

  • Your email address is required so we can verify that the comment is genuine. It will not be posted anywhere on the site, will be stored confidentially by us and never given out to any third party.
  • Please note that any viewpoints published here as comments are user´s views and not the views of
  • Please adhere to the Guidelines

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes:

<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>