Mortgage Rate Unchanged
The Bank Of England have left the mortgage rate unchanged for March 2008. The rate, as expected, was held at 5.25% with the announcement coming on the 6th.
After last months drop of 0.25% there was no change predicted for March and that is the way it has turned out with the government not wanting to affect the fragile house price market in the build up to the busy summer period.
Visit the official Bank Of England website to get all the latest news and details on this and future rulings.