The Times - Mortgage rates dip after weeks of painful rises
Tags: Press Commentary, The Times and The Sunday Times
High street banks have cut mortgage rates for the first time in a month, with deals below 5 per cent returning after a spate of rises earlier this week.
Halifax, Santander and Yorkshire Building Society are all now offering deals below 5 per cent again after raising rates three times in September.
Aaron Strutt from the mortgage broker Trinity Financial said: “Halifax is the latest big bank to announce rate cuts and there are rumours that there will be more pricing improvements coming from other large banks over the next few days.”
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