The average rate for a two-year fix stayed put this week, Moneyfacts says, at 5.33%. All other major fixes saw falls, however, with the 10-year fix dropping the most – by 7 basis points, landing at 4.97%. The three-year fix lost 6 basis points, moving to 5.16%, and the five-year fix fell 5 basis points to come to an
The average rate for a two-year fix dropped by 4 basis points to 5.78% this week, shows the final Moneyfacts rate data of the year. Meanwhile, the average rate for a three-year fix gained 5 basis points, moving to 5.91%, while the average rate for a five- and 10-year fix were static, at 5.63% and 5.47%, respectively.
The average rate for a three-year fix was the only price to move up this week, Moneyfacts data shows, increasing by 1 basis point to come to 5.86%. Elsewhere, the average rate for a two-year fix fell 2 basis points, to 5.82%, for a five-year fix a 4 basis point reduction saw the rate come to 5.63%, and the 10-year
Average rates dropped across all major fixed terms this week, shows new data from Moneyfacts. For a two-year fix, the average rate fell 7 basis points to take it to 6.48%. A 7 basis point drop also occurred on the headline three-year fixed rate, which finished the week at 6.76%. Meanwhile, the average rate for a