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Old 03-17-2008, 01:51 PM
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Post Outlook remains bleak for fixed-rate remortgagers

The prospects for homeowners whose fixed-rate mortgages come to an end this year show no signs of improvement.According to financial website, thisismoney.co.uk, rising mortgage rates mean that a fixed-rate loan taken out at 4.3% a few years ago is likely to be replaced at a new fixed rate of 5.6%, or at a standard variable [...]

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