Mortgage Strategy - The long-term view
Brokers say lenders should incentivise borrowers into fixing mortgage interest rates for the long term.
Aaron Strutt, product manager at Trinity Financial, says: “Most borrowers at the moment are looking to fix for two and five years but a healthy portion of those would no doubt lock in for 10 years if more of them were available. The problem is lenders do not offer a huge amount of these deals.”
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May 15, 2014
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