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MSE News: Mortgage rates at six-month high
Former_MSE_Guy
Posts: 1,650 Forumite
"Typical fixed rates stand at their highest level in half a year as lenders pass on rising funding costs to borrowers ..."
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They couldn't go much lower. VAT is at an all time high too!I am a Mortgage AdvisorYou should note that this site doesn't check my status as a Mortgage Advisor, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.0
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My mortgage has been slowly rising anyway over the past year. Only by tiny amounts though. It's based on the 3 monthly LIBOR + 2%. I'm not in a position to get a fixed rate so I will just have to hope it doesn't all rise too high too soon.
I wouldn't want to have to take a lodger as I'm used to having the place to myself but if needs must ............0
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