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Unbiased.co.uk

“Rate-spoilt” homeowners reluctant to fix

by Gill Montia.

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New research from unbiased.co.uk suggests that the average mortgage borrower is only prepared to enter a fixed-rate deal if the interest rate is around 3.3%.
With the Bank of England’s base rate still at 0.5%, the professional advice portal suggests the emergence of a “rate-spoilt” generation, as back in January 2009, a rate of 4% would [...]

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