Monday, December 12, 2011
Sing Along Day – The only way is down, baby
Mortgage rates have been creeping up in recent weeks and if the eurozone crisis implodes they could rise at a faster rate and be harder to get. Last week, Nationwide and ING both increased mortgage rates on selected deals. On Friday, Chelsea Building Society did likewise. For example, its two-year tracker rate increased from 1.69pc above Bank Rate to 1.89pc above Bank Rate.