Number of mortgage rates available exceeds 10,000

Aaron Strutt Image
The number of mortgage rates available last month exceeded 10,000 for the first time in nearly five years, according to research by a leading  mortgage company. July's average of 10,262 products is 33% higher than the 7,736 on offer last July, 97% up on the 5,208 products on offer three years ago and 198% up on the 3,442 products on offer in July 2009. Aaron Strutt, product manager at Trinity Financial, says: "We don't really need to have 10,000 mortgages in the market although it is welcome news there are so many available. "Most borrowers are taking fixed rate mortgages at the moment as the lenders are not offering that many tracker rates." If you would like help to secure a leading mortgage rate, call us on 020 7016 0790. August 30, 2013
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