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Housebuyers switch to fixed rates

22/04/2023

Posted by:
AJ Williamson

The first quarter of 2009 has seen one of the biggest ever take ups of fixed rate mortgages. A new index from John Charcol showed the proportion of borrowers taking out a fixed rate mortgage is up from 29.1 per cent in December to 80.9 per cent in March as homebuyers anticipate an increase in mortgage rates.

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