MortgagesOct 25 2022

Lenders cut rates by 0.5 percentage points as market stabilises

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Lenders cut rates by 0.5 percentage points as market stabilises
[Tolga Akmen / FT Commission]Santander's rates will be cut by up to 0.5 percentage points from tomorrow

Mortgage lenders are cutting their interest rates this week, some by as much as 0.50 percentage points, as gilt yields, swap rates and the price of natural gas all begin to trend down.

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