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Mortgage Costs Rise by £2,500 amid fears of mortgage rate rise The cost of a five year, fixed rate mortgage has increased by £2,500.

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Mortgage Costs Rise by £2,500 amid fears of mortgage rate rise

March 06, 2011 at 2:47 PM

Mortgage costs rise by £2,500 amid fears of interest rate rise.

The cost of a five year, fixed rate mortgage has increased by £2,500 since the beginning of the year amid fears that the Bank of England (BoE) could raise interest rates as early as next week.

Growing fears about inflation are starting to worry the decision makers at the BoE.



Tags: best mortgage rates
Category: best mortgage rates

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