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Old 06-11-2009, 01:36 AM
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Post Lenders push up tracker rates despite base rate freeze

Latest figures from the Bank of England show that banks and building societies are raising the cost of their variable-rate mortgage deals.The news is disappointing, given that the base rate was held at an all-time low of 0.5%, in June and three month Libor, the rate at which most lenders borrow to fund their mortgage [...]

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