News Tag: margin
November 14, 2008
New research from Moneyfacts illustrates the extent to which fixed-rate home loans have resisted recent cuts in the Bank of England's base rate.
The financial website has found that interest on the average two-year fixed-rate mortgage currently stands at 6.13% and according to the firm's analyst, Michelle Slade, has remained almost constant during the past few months.
However, lenders' costs of funding the loans ...
Lenders resist lowering fixed-rates
by Gill Montia
