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Mortgage Rates Lower on Weak Jobs Report

Freddie Mac today released the results of its Primary Mortgage Market Survey® , showing average fixed mortgage rates moving lower following a weaker than expected jobs report for March.

Mortgage proposal ‘manifestly unthought out’

A proposed State-backed mortgage solution that would see county councils pay a portion of a borrower’s repayments directly to the lender has been described as “manifestly unthought out”.