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Jul/09
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Nationwide to Dent Housing Recovery

Nationwide has increased its mortgage interest rates twice in 2 weeks. Now other lenders are expected to follow suit and experts have warned that this will dent the recovery of the housing market. As if it wasn’t bad enough already for new home owners to get onto the property ladder, this increase can only make things worse.

The rates have gone up a further 0.23% from the 86% a fortnight ago.

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