Floating rates sink
Floating term mortgage interest rates have eased across the board, while fixed rates firmed in the past month.
Thursday, August 14th 2003, 6:38PM
by The Landlord
Conversely, floating rates eased by 0.20 to 0.25%, with 15 of the 18 mortgage providers reducing their rate by 0.25%. The current floating rates available range between 6.40 and 7.10%, compared to a range of 6.65 and 7.35% in the 30 days to July 10.
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