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Tuesday, 12 July 2011

5 Year Fixed Rate Mortgage at 3.64%

Yorkshire Building Society subsidiary Accord Mortgages has just launched a 5 year fixed rate mortgage at 3.64%, on a maximum of 75% LTV purchases and remortgages.

It seems that the uncertainty in the Eurozone is forcing interest rates on UK debt downwards, hence the new low 5 year rate.

Maybe we will start to see an increase in mortgage availability and lower rates?
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