Ratings for Finance News: Demand for fixed rate home loans perks up

Finance News: Demand for fixed rate home loans perks up

Added by derek hosewood 6 Dec 2010 (address: www.hourpaydayloans.co.uk/i... )

Demand for fixed rate mortgages hit almost 11 per cent of all home loans approved in November, the highest level in 29 months, according to the customer data of one mortgage broker. That was considerably more than the 7.7 per cent recorded in October, and prior to the Reserve Bank jacking up the cash rate in November that triggered large increases averaging 40 basis points More...