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Archive for June, 2009

Rates Increasing

Friday, June 12th, 2009

Base rates remian firmly at 0.50%, but 5 year fixed rates are on the increase, as the markets believe infaltionary pressures will force interest rates upwards. If you were considering it, now is the time to get a fixed rate – they will work out cheaper in the long run than clinging on to a very low rate now, only to end up paying more when rates increase.

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