Wednesday, 3 March 2010

HSBC: Are mortgage rates on the way up?


On the twentieth anniversary of mortgage rates hitting a record 15.4%, HSBC ask: are rates on the way up?

"It's a tricky task to predict the exact point, or even a close estimate, of when rates may rise. However, with the current base rate at 0.50%, it is fair to assume the future for rates can only be up, report HSBC..."


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here to read more.

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