Mortgage lenders shift to uncapped arrangement fees

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Mortgage lenders shift to uncapped arrangement fees

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11-28-2007, 09:33 PM

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Mortgage lenders shift to uncapped arrangement fees

MoneyExpert.com is alerting borrowers to the fact that the number of mortgages with uncapped upfront fees has increased dramatically over the past 12 months.The price comparison website points out that in November of 2006 only 110 mortgage products included uncapped application fees, that is fees calculated on the amount borrowed. Today the figure stands at [...]

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