Mortgage lenders follow Bank of England's lead by cutting interest rates

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Mortgage lenders follow Bank of England's lead by cutting interest rates

7th February 2008, 23:40:PM

Lenders rushed to slash mortgage costs yesterday after the Bank of England cut interest rates for the second time in three months. Within hours of the Bank's announcement at noon, nine of the top ten lenders said they would passthe full quarter-point cut to their borrowers

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Tags: bank, costs, interest, interest rate, lenders, mortgage, rates

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Mortgage lenders follow Bank of England's lead by cutting interest rates

Mortgage lenders follow Bank of England's lead by cutting interest rates

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