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US imposes first punishments for ignoring Russian oil price cap sanctions

US officials have imposed sanctions on companies violating the $60 per barrel price cap on Russia s seaborne crude exports for the first time on October 12. Simultaneously, an international coalition.

Balance in favour of rate cuts this week: Moneyfacts – Mortgage Strategy

The fixed rate mortgage market saw rate cuts outweigh rises this week. As Moneyfacts finance expert Rachel Springall explains many lenders reviewed selected ranges, some citing fluctuating swaps as a reason to amend their pricing. These movements led to a fall in the overall average two- and five-year fixed mortgage

Others likely to follow NatWest and HSBC on rate cuts? – Mortgage Strategy

NatWest has announced a series of rate cuts across its residential and buy-to-let mortgage ranges. Available from 5th September, residential purchase products will reduce by up to 35bps and tracker rates by up to 55bps. Remortgage fixed rates have lowered by up to 8bps and tracker rates by up to 46bps. In addition,

Mortgage rates slashed at first direct as lender cuts prices across 20 of its products | Personal Finance | Finance

Interest rates are on the rise which is bad news for mortgage holders but first direct is finding ways to help homeowners at this trying time.

Nationwide cuts mortgage rates up to 0 40% – Mortgage Strategy

Nationwide Building Society is reducing rates on its fixed mortgage products by up to 0.40 percentage points. The new rates will be effective from 23 August. For new customers moving home: reductions of up to 0.40% are available across selected two, three and five-year fixed products up to 95% LTV, including:

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