Page 7 - James Hyde News Today

The average rate for a two-year fixed mortgage fell below 6% today for the first time since mid-June of this year – dropping to 5.99% according to Moneyfacts’ data. This is some months behind the average five-year fixed deal, which dropped below 6.00% in September and currently sits at 5.60%.

Mortgage rates surged in the wake of Liz Truss’s bungled mini-Budget last year, and they had already been on the rise after a wave of rate hikes by the Bank of England to cool inflation

Average fixes eased this week, as lenders continued to battle for market share while the Bank of England base rate remained stable.   The average rate for two-year fixes fell by 4 basis points to 6.04%, while the average rate for three-year fixes lifted by a single basis point to 5.83%, according to Moneyfacts data. 

Lloyds, Barclays, NatWest, HSBC and Santander are still offering poor paying easy-access rates, despite the best buy now being 5.22% and base rate being 5.25%.

Major lenders have announced new mortgage rate cuts in the UK, widening the choice for borrowers searching for deals under the 5% mark. HSBC UK Bank PLCs First Direct announced rate cuts of up to...

Mortgage rates have been dropping over the last few months with major UK lenders now offering more mortgage products under 5%

First Direct is making mortgage rate cuts of up to 0.40 percentage points and Halifax is cutting rates by up to 0.46 percentage points

#HAPPY HULUDAYS! #NEW STREAMING LIBRARY PREMIERES, ICONIC ANNIVERSARIES, TIMELESS CLASSICS AND GREATEST HITS TO REVISIT Celebrate the

It’s not exactly news that there are mountain lions in Arkansas. Many rural residents have claimed sightings, or to have heard the big cats scream. But it’s big news when

We were interested in the announcement by Weyerhaeuser that it plans to give $1 million to five communities in which it operates. The first of these communities will be Zwolle,