April 24th 2009
Categories: Banks, Financial, Financial Services, Home Equity, Loans, Money, Mortgage, Personal Finance
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Categories: Banks, Financial, Financial Services, Home Equity, Loans, Money, Mortgage, Personal Finance
No Comments
It May Still Be Some Time Before The Bank Of England See The Need To Raise Interest Rates, But With The Cost Of Funding Fixed Rates Pre-Empting Any Change In Bank Rate, There Are Already Signs That Fixed Rates Could Cost More
The cost to lenders to fund some fixed rates isnow higher than earlier this month despite the introduction of quantitative easing measures, which it was hoped would help reduce borrowing costs, and this has already had some knock on effects. Less than two weeks ago, the cheapest 5 year fixed rate was a ...