Mortgage rates continue to rise – Moneyfacts

July 8, 2008
Latest research from moneyfacts.co.uk shows that mortgage rates for fixed rate deals are continuing to climb, with two or three year rates now standing at more than 7%. Those now taking out three-year deals have faced the biggest hikes, with the average rate now at 7.25%. Mortgage analyst at Moneyfacts, Darren Cook, commented: “It is now three weeks since the …

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