BBC News- - Borrowers expecting mortgage rates to drop have hopes dashed
Tags: BBC News, Press Commentary
Nearly all the major mortgage lenders in the UK have announced increases in the cost of home loans in recent days.
Analysts are uncertain over whether there are more to come, but are urging people who need to find a new deal to act now.
Aaron Strutt, of broker Trinity Financial, said: "Hopefully this will be the end of the rate rises for a while, but there are certainly no guarantees. Multiple small mortgage price rises add up and ultimately deter people from buying homes."
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