Smaller Deposit, Higher Interest Rate In U.K.

It appears that the smaller a deposit a U.K. borrower puts down on a house, the higher the interest rate of the mortgage loan, according to Moneynet.

  • 24 Jun 2009
It appears that the smaller a deposit a U.K. borrower puts down on a house, the higher the interest rate of the mortgage loan, according to Moneynet. The mortgage Web site claims that homeowners with loan-to-value mortgage of 85% may face an interest rate that is one percentage ...

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