It's been a while since we have seen any increases.... but news this afternoon:
You may have read about world wide influences on "SWAP" rates as markets might be moving deposits from the Euro and US Dollar and sterling keeps it's AAA rating?
However, at MDS in Sutton; we have heard this afternoon that the bank owned 83% by UK tax payers (RBS) is increasing it's 2 year fixed rate for purchases and re-mortgages (with a 25% deposit), tomorrow from 3.19% to 3.39%.
Maybe a sign of things to come?
Let's face it, every day we read something different about what might be happening today and what it may mean for the future!
Why not review your situation NOW and see if your finances could be future proofed?
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