Price war in the mortgage market?
Friday, October 16, 2009
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Competition in most markets is great for the consumer. It can help to drive down prices and improve quality. The market for mortgages is no exception. Nationwide have this week slashed interest rates on their mortgages and are once again offering 95% mortgages.
This follows HSBC’s offer of 90% mortgages. Are we going to see a price war between banks? This article explains further.
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