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Interest Rates Remain at 5%
Thu, 8 May 2008 14:24:02
The Bank of England has just decided to keep interest rates at 5%.
What does this mean for finance affiliates? Not a great deal, but expect them to come down another quarter of a percent in June and maybe even more by the end of the year. As long as the rate cut is passed on to borrowers, it should mean a slight improvement in the mortgage affiliate market, but in this current climate nothing is guaranteed unfortunately.
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