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High street lenders bring back 5% deposit mortgages as new scheme launches
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High street lenders bring back 5% deposit mortgages as new scheme launches
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High street lenders bring back 5% deposit mortgages as new scheme launches
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Weekly rate watch: Average rates on all fixes stay put
By Gary Adams 16
th April 2021 12:25 pm
The average two-, three-, five- and 10-year fixed rates ended this week as they started, shows data from Moneyfacts.
The only movement was the average rate for a two-year fix nudging up from 2.55 per cent to 2.56 per cent for a brief period mid-week to settle back to 2.55 per cent on Friday – Monday’s reading.
The average three-year fix stayed at 2.69 per cent throughout, as did the average five-year fix at 2.79 per cent and average 10-year fix at 3 per cent.
Two-year fixes
There was significant movement at the 95 per cent LTV bracket this week, where the average rate fell 8 basis points to go from 4.27 per cent to 4.19 per cent.
First-time homebuyers can now choose from 34 mortgage deals offering 5% deposit
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