Mortgage price war is over: Just one home loan is left with a rate below 1%, as lenders hike their deals



Mortgage rates below 1 per cent have all but disappeared following this month's hike in the base rate by the Bank of England.
Figures from Moneyfacts show the lowest two-year tracker rate on offer is now 1.24 per cent, up from 0.99 per cent at the start of November in line with the 0.25 per cent rise.
Fixed rate mortgages previously available below 1 per cent had already risen in advance of the Bank of England rate decision.
This leaves just one mortgage priced below 1 per cent, a two-year discount rate at 0.99 per cent, linked to Furness Building Society's 5.29 per cent standard variable... read more

 
14 November 2017 in Business, Views: 38
Source: Daily Mail
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