U.K. Interest In Tracker Loans Plunges, Santander Says

26 Jan 2010

Only 13% of homeowners looking for a new mortgage are planning to choose a tracker over a fixed-rate loan, according to Santander UK.

Only 13% of homeowners looking for a new mortgage are planning to choose a tracker over a fixed-rate loan, according to Santander UK. That percentage is a dramatic decline from two months ago when 33% said they favored the variable-rate option. “With many commentators predicting a base rate ...

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