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Old 12-16-2008, 02:27 AM
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Post Base rate cut wipes out tracker mortgages

Tracker mortgages are becoming increasingly hard to find following the Bank of England’s aggressive attack on the base rate of interest.Market statistics show that in the last year, the number of tracker mortgage products available has dropped by over 700, from 763 to 45.This is expected to decline further next year with additional cuts in [...]

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