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ECB Rate Decrease - Impact on Mortgage Customers
First Active is pleased to announce that with effect from 1st December 2008 the Standard Variable Rate for First Active mortgage customers will decrease by 0.50%. In line with the European Central Bank's decision to cut rates by 0.50%, First Active customers with a Tracker Mortgage will also benefit from a reduction in their interest rate by 0.50% from 1st December.
Offset Flexible Mortgage rates will also reduce by 0.50%, with effect from November 19th.