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tracker rates

Eurozone crisis impacts mortgage costs

by Gill Montia.

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Major lenders have hiked their tracker rates and arrangement fees in the past week, according to mortgage broker, John Charcol. Banks and building societies’ own funding costs are to blame as London Inter-Bank Offered Rates (Libor), the rates at which lenders lend to one another, hit levels not seen in over two years. In part, [...]

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