Nationwide interest rates increased
Nationwide Building Society have increased
the interest rates on fixed rate and tracker mortgages,
this inflation will take effect from May 16th 2007.
Nationwide Building Society’s
new interest rates are as follows: (Home Mover range) a 2 year
fix with £499 fee at: 5.58%, 10 year fix with £499
fee from: 5.58% and a 2 year tracker with £1,999 fee from
a comfortable: 4.59%.
Another deal of a 2 year fix, no additional fees charged from
- 5.98%; A different deal of a 2-year fix with £999 fee
from - 5.43%; Also a 3 year fix, with £499 fee, from: 5.78%;
and the final deal of a 5 year fix with £499 fee starting
Homeowners who want to take out additional
borrowings or people who want to remortgage, the new rates are
as follows: 2 year fix no additional fees from: 6.13%; 2 year
fix with £999 fee from: 5.58%; 2 year fix with £499
fee from: 5.73%; Finally a 3 year fix with £499 fee from:
5.93%; and a 5-year fix with £499 fee from - 5.73% with
a 10-year fix with £499 fee from: 5.73%.
A £100 discount will be forwarded
to existing Nationwide mortgage
customers when they proceed with their reservation fee, simply
when switching from one product to another nationwide product,
purchase a new property or borrow a large sum of cash.