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Old 08-02-2008, 09:07 AM
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Post Interest rates cut but has your mortgage rate been cut?

Yesterday saw the Bank of England’s Monetary Policy Committee cut interest rates from 5.5% to 5.25%. Many lenders have responded and cut their rates but some lenders can take up to 2 weeks to announce changes to their standard variable rates while some will inevitably fail to pass on the full amount. The quarter point [...]

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