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Old 05-30-2008, 11:11 PM
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Post Abbey hikes fixed-rates after last week?s cut

Abbey has increased some mortgage interest rates, after making cuts only last week. The Spanish-owned bank is raising rates on its fixed-rate loans by up to 0.56%.Short-term fixed-rate borrowers will see the biggest rise, with a typical three-year fix now offered at 6.49%, increasing repayments on a £150,000 loan by £52 a month. For a [...]

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