Financial Times - Lenders raise mortgage fixed rates - September 2013

Aaron Strutt Image
Several lenders have increased the cost of fixed-rate mortgage deals for new borrowers this week, in response to rising funding costs. Nationwide, Accord Mortgages and Precise Mortgages raised the cost of selected fixed-rates this week. “Other banks are being tempted into increasing their fixed rates and some more of them may well raise them slightly over the next few weeks,” said Aaron Strutt of Trinity Financial, the mortgage broker. “The best buy mortgages are still competitively priced and they would have to go up a lot for borrowers to be put off.” Click here to view the full story: http://goo.gl/FYNfNA £ September 6, 2013
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