fintech / news / / Birmingham Live
NatWest, Barclays and TSB have announced further mortgage rate reductions.
NatWest, Barclays, and TSB have announced new mortgage rate reductions of up to 0.35%.
KEY POINTS
- The average shelf-life of a mortgage product is now just eight days, indicating rapid changes.
- Lenders’ rate cuts are partly due to unexpectedly slow business activity in March and April.
- Brokers warn that despite current cuts, rates could rise quickly due to global events.
COMPANIES
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