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the slowdown in the housing market continues to have an impact on the mortgage market, which is the banks’ number one money.
banks have begun cutting rates on fixed-rate deals. Barclays this week cut rates on 15 of its mortgages, leapfrogging its rival NatWest to the top of the best-buy tables on five-year deals. Three.
A prequalification can put the homeowner in a "better negotiating position with the seller,” says Peter Boomer, a mortgage.
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