Falling base rates fail to sway mortgage costs

Author: By Sean O’Grady

For example, the rate charged on a 5-year fixed rate mortgage with a 75 per
cent loan-to-value ratio was 5.84 per cent this time last year; it is now
5.68 per cent.

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Mortgage rates fall back but 100 per cent deals are dead

Author: By James Daley

However, it is now only home owners who have a minimum 25 per cent of equity in their properties, who qualify for the best rates, with many first-time buyers having to pay much higher rates than they would have last year.

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David Prosser: No let-up on home loans

Now that the Bank and others are talking about the worst of the recession
being behind us, is the transmission mechanism a bit less up the spout? Not
a bit of it: the personal finance data analyst Moneyfacts reported yesterday
that fixed-rate mortgage deals, which have been rising in cost for a month
or so, now come at an average price of 6 per cent.

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