Nationwide considers mortgage market changes

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Nationwide considers mortgage market changes

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09-02-2010, 11:02 AM

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Nationwide considers mortgage market changes

Nationwide has noted significant changes in the UK mortgage market in the past two years. Attractive standard variable rates have meant fewer borrowers coming to the end of fixed-rate deals have remortgaged onto a new fix, with the proportion of mortgage balances on fixed rates falling from 48% to 36% between the final quarter of [...]

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