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Mortgage products cut by 40%

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10-18-2007, 09:30 PM

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Mortgage products cut by 40%

According to Moneyfacts, the financial information website, tighter lending criteria and a rise in interest rates has led to a 40% decrease in the range of mortgages available to those seeking to buy a home or remortgage.In the first half of 2007, the number of home loans on offer increased by 22% but since July, [...]

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