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Old 04-28-2008, 03:51 PM
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Post Co-op launches lifetime tracker

Co-operative Bank has launched a lifetime tracker mortgage at 1.04% above base rate, giving a current interest rate of 6.04%.The economic uncertainty created by the credit crisis is prompting an increasing number of borrowers to opt for fixed-rate loans, with Abbey reporting that applications for five-year fixed-rate products had doubled in the past month.Two-year fixed [...]

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