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Low tracker deals may not be good long-term option

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  • Low tracker deals may not be good long-term option

    Latest research has revealed that, during the past three months, mortgage lenders have more than tripled the margins they charge on tracker deals.When the Bank of England base rate stood at 5% in October 2008, the average margin on a new tracker mortgage was 0.76% above base. According to moneysupermarket.com, current margins have risen to [...]

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