• Thu. May 23rd, 2024

Mortgages: Barclays and Santander cut rates as competition intensifies

Byusanewscart.com

Jan 9, 2024
Mortgages: Barclays and Santander cut rates as competition intensifies

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The interest rate on a fixed mortgage does not change until the deal expires, usually after two or five years, and a new one is chosen to replace it. Doing nothing would leave people on a variable rate, which is very expensive – with an average rate of more than 8%.



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