Fixed-rate margins hit all time high - Finance & Money Forums

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Fixed-rate margins hit all time high

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08-21-2010, 01:09 AM

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Fixed-rate margins hit all time high

Margins on fixed-rate mortgages have hit an all time high, according to research by Moneyfacts.co.uk, which puts the mark-up on today’s two-year fix at 3.29%, compared with 1.28% two years ago. The rise means that for a homeowner borrowing £150,000, repayments have spiralled by £149 per month, or £3,576 over the term of the loan. [...]

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