Up Goes the Cost of a Fixed Rate Loan

Summary


CHEAP fixed-rate mortgage offers are drying up. Major lenders, including Nationwide, Halifax and NatWest, have put up rates on two and five-year fixes by between 0.1 and 0.2 of a percentage point.

Some are now charging more than 4.75 per cent on two-year fixes and five per cent on five-year deals.

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Extract


Up Goes the Cost of a Fixed Rate Loan

Patrick Bunton of mortgage adviser Lo...

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