Britain’s biggest banks slash rates in new mortgage price war battle
BRITAIN’S biggest banks have launched a new mortgage price war battle.
Barclays and HSBC are slashing rates for the second time in two weeks.
ReutersMajor lenders are cutting their fixed mortgage rates[/caption]Starting Friday, Barclays will lower its two and five-year fixed mortgage deals by up to 0.27%.
A fixed-rate mortgage is a deal in which you agree to an interest rate with the lender and pay the same one for the duration of the deal.
HSBC is expected...
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