Mortgage Rates Commentary 26 August 2010

Mortgage Rates

Credit Union Baywide has followed the path of many other lenders and cut a further 10 basis points off its two-year rate from its initial cuts across the board at the beginning of this month.

Public Trust has increased its six-month rate this week by 25 basis points and reduced its rates of two-year and longer from between 20 and 30 basis points.

In Broker News Mortgage Link has appointed a new director to fill the vacancy left by the resignation of Ross Butler.

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