Citi to slash 240 basis points off loan rates in ‘back to basics’ push – By comparison, Citi’s previous headline standard variable rate for borrowers with 20 per cent deposit was 5.93 per cent, or 249 basis points, higher than the lowest of 3.44 per cent, on offer from.
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Low Mortgage Rates Brighten Homebuilder ETFs’ Outlook – The housing market has perked up ahead of the key spring selling season thanks to declining mortgage rates. Per mortgage-finance company. mortgage applications for new home purchases remained.
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Cheaper Loans On Anvil As Banks Brace For Rate Cuts: Report – Interest rates on home loans are linked to the MCLR rate. and have little headroom, they would do their best to pass some portion of the rate cut to the borrowers. But passing the entire cut in the.
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