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Big banks lead way with rate adjustments: Moneyfacts – Mortgage Strategy mortgagestrategy.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mortgagestrategy.co.uk Daily Mail and Mail on Sunday newspapers.
Average fixes rose this week as markets bet that the Bank of England will push its first base rate cut into the second half of the year. The average rate for a two-year fix edged up 4 basis points to 5.87%, while the average three-year fix rose 7 basis points to 5.64%, according to Moneyfacts. The average ....
The vast majority of lenders have made cuts to their fixed rates this week, but the tide is starting to turn due to some lenders increasing rates. Rachel Springall, Finance Expert at Moneyfacts explained “There have also been a few products withdrawn from the market, but not a mass exit. These fluctuations resulted ....