Nationwide Cuts Rates Second Time ; Mortgages

Summary


The UK's biggest building society yesterday cut its mortgage rates for the second time in two weeks following a fall in the cost of wholesale funding.

Nationwide is reducing the cost of some of its fixed-rate and tracker deals by up to 0.46 per cent from tomorrow.

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Extract


Nationwide Cuts Rates Second Time ; Mortgages

But the group is also hiking rates ...

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