Fixed Rates are still dropping!

Despite the fact that economists seem to be indicating that there could well be another interest rate rise in August and despite the fact also that there seems to be a ever present suggestion that some banks are struggling with their funding costs, two more lenders – Homeside and ING – have just announced reductions in their Fixed Rates for 2 and 3 years of 0.10%. If you are a believer in Fixed Rates, then you should be watching the trend! But we warned, Fixed Rates do come with strings attached.

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