Tuesday, January 31, 2023

Mortgage lenders halt some deals after pound falls

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Samuel Tombs, chief UK economist at Pantheon Macroeconomics, said if interest rates rise as predicted, the average household refinancing a two-year fixed rate mortgage in the first half of next year would see monthly payments jump to £1,490 from £863.

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Disclaimer: This story is generated from RSS Feed and has not been created or edited by Waba News. Publisher: BBC News

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