Brokers say borrower confidence likely to lift after the first below 5% deal surfaces since June with more offers likely soonA fixed-rate mortgage priced at below 5% has gone on sale for the first time since June as leading lenders announced a fresh wave of home loan reductions.Brokers said a mortgage rate war “is well and truly under way” and that the lower pricing should provide a boost to borrowers worried about the imminent end of their current deal, as well as would-be homebuyers who have been sitting on the sidelines. Continue reading…
Source link : https://www.theguardian.com/money/2023/sep/14/uk-mortgage-war-underway-as-lender-offers-499-fixed-rate
Author : Rupert Jones
Publish date : 2023-09-14 14:06:30
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