Trackers gain popularity in July

Published on

By Kevin Rose

Mortgage borrowers opted for trackers and discounts in July, according to national broker Mortgageforce

This compares to June, when more than 75% of applicants moved to fixed mortgage rates

Instead, July saw fixed rate applications accounting for 63% of applications

Katie Tucker, technical manager at Mortgageforce, said: “It shows that borrowers are fickle in their favour

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