Lenders react swiftly to interest rate cut

Lenders have reacted swiftly to the Bank of England announcement by passing the full impact of the interest rate cut on to homeowners.

Lenders react swiftly to interest rate cut
Thu, 05 Apr, 2001 - 13:48

Lenders have reacted swiftly to the Bank of England announcement by passing the full impact of the interest rate cut on to homeowners.

The Halifax says its mortgage rate is now at its lowest for more than 30 years after reducing its variable rate to 6.5%.

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