The latest John Charcol Mortgage Index

Posted on 25 May 2011 by Drew

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The latest John Charcol Mortgage Index confirms the declining popularity of fixed rates, with only 41.0% of clients choosing a fixed rate in April, down from 50.5% in March and 56.1% in February, which was the strongest month for fixed rates since mid 2009. The trend so far in May suggests a further fall in the popularity of fixed rates. Ray Boulger, Senior Technical Manager at John Charcol, comments on this and other findings.

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