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Nationwide Building society have recently cut their rates. This is for the Tracker mortgage, both new and existing borrowers will be able to take advantage of this new 0.10 reduction in its base rate mortgage. as at 11th of August 2005. The mortgage lenders announcement is in-line with the trend from most high street lenders. Nationwides new base rate will now be set at 5.89 percent which is a little lower than the variable rate. |