With general economic data releases and Spanish and Mallorca property market sentiment all making depressing reading we continue our monthly "better news" feature on interest rate movements and the outlook for Spanish and Mallorca mortgage holders. Following the unprecedented rate cuts in the Euro Zone and UK last month which took base rates to 3.25% and 3% respectively further cuts came as expected this week that took rates to 2.
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[Source: Real-Estate Articles from EzineArticles.com - Posted by FreeAutoBlogger]
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