A floating rate rises; New mortgage cover

Mortgage Rates

In somewhat of a surprise move HSBC has increased its floating and variable rates by 10 basis points. It's the first time we have seen a floating rate adjustment for a long time and a surprise as there is little in the way of events to trigger it.

To see how it impacts HSBC on the rates table click here.

In other news Asteron has launched a flexible mortgage insurance product. Details can be found here.

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