For the banks, it’s no more Mr. Nice Guy

written by Lucie Osman on November 5, 2016 in Press Coverage and Uncategorized with no comments

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If you are a homebuyer, you ought to be watching the money markets. Swap rates that lenders use to price their fixed-rate mortgages have been creeping up in recent weeks. This means that you should act if you wish to take advantage of a lower mortgage offer. Simon Checkley, of Private Finance, the mortgage broker, warns that these deals are “unprecedented — we’re unlikely to see their kind again”

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