Silver Lining - Abbey Lowering Rates?

Abbey Mortgage Rates
Just when we thought all was lost…
Well, I’m being a little dramatic, but there was good news in the mortgage industry today when Abbey announced it will be reducing it’s rates and booking fees on it’s five year fixed rate mortgage package from tomorrow. Granted five years is a long time to be tied into today’s typical interest rates, but there is still a very real risk that rates could go up before they come down.
Regardless, it’s encouraging to see lenders aren’t afraid to move with the times and continue to offer customers viable mortgage options.
Abbey has also lowered rates on it’s two and three year fixed mortgage deals.
Read more at Mortgage Strategy
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