TITLE

The ripple effect

PUB. DATE
July 2006
SOURCE
Mortgage Strategy;7/3/2006, p42
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article discusses the factors influencing swap rates and how it affects mortgage rates in Great Britain. High swap rates will result in high fixed rate mortgages, which will make variable rate mortgages more attractive in terms of pay rate. Mortgage brokers should seek to gain better understanding of the economic developments that cause swap rate movements because this will enhance their understanding and ability to offer the best deal for every client. INSETS: Tracker deals are likely to be the best option;Swap rates: Beyond the financial jargon;Brokers play a vital role when rates change.
ACCESSION #
21698979

 

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