Weekly rate watch: Three-year fixed rate biggest riser
By Gary Adams 29
th January 2021 11:54 am
The average rate for a three-year fixed mortgage rose from 2.75 per cent to 2.79 per cent this week, shows data from Moneyfacts.
The average five-year fixed rate rose too, from 2.69 per cent to 2.70 per cent, while the average two-year fix stayed at 2.52 per cent and the 10-year fix at 2.85 per cent.
Two-year fixes
Within this fix, the biggest change was seen at 90 per cent LTV, where the average rate dropped from 3.63 per cent to 3.57 per cent.
There was no movement elsewhere but at 60 per cent LTV, which saw the average rate gain 1 basis point to finish the week at 1.69 per cent.
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