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 Popularity of fixed rate mortgage deals rises

Lots of people have been thinking of a variable rate mortgage after considering the way the base interest rate has dropped, a report has suggested that low rate fixed rate mortgage deals are coming back to the market, and are popular amongst those that wish to fix their mortgage at a low rate for a period of time in order to enjoy financial stability.
A number of mortgage lenders have started offering more competitive fixed rate deals on mortgages since the base interest rate plummeted, and an increasing number of people are looking at taking up these deals, although many require borrowers to put down a sizeable deposit in order to access the most competitive rates.

 

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