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Paragon survey says fixed rate mortgages hold sway

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  • 15/07/2003
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Lenders are taking advantage of the low interest rates available and fixing their mortgages where po...

Lenders are taking advantage of the low interest rates available and fixing their mortgages where possible. According to Paragon Mortgages’ quarterly survey of financial advisers and mortgage brokers the proportion of mortgage loans at fixed rates rose sharply to 38% from 29%, with fixed rate taking over as the borrower’s favoured interest type from the base rate tracker.


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