Mortgage Market News

Mortgage rates at lowest level for 23 years

Interest rates on new mortgage deals have fallen to their lowest level since 1988, according to the financial information service Moneyfacts

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Your home or property may be repossessed if you do not keep up repayments on a mortgage or any other debt secured on it. Changes in the exchange rate may increase the sterling equivalent of your debt. You may have to pay an early repayment charge to your existing lender if you remortgage. Think carefully before securing any other debts against your home.  

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