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Big lenders lead the way on week of cuts – Mortgage Strategy

Summary by Mortgage Strategy

Cuts on fixed rate mortgage took precedence this week, with some of the biggest lenders making reductions and only a couple of lenders increasing selected rates by small margins. As Moneyfacts finance expert Rachel Springall points out these moves fuelled a drop to overall average rates. Week-on-week the average two- and five-year fixed rates fell by 0.05% and 0.04% to 5.39% and 5.22%, respectively. The prominent brands to reduce selected fixed …

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Mortgage Finance Gazette

High street lenders lead the way on week of cuts: Moneyfacts – Mortgage Finance Gazette

Cuts on fixed rate mortgage took precedence this week, with some of the biggest lenders making reductions and only a couple of lenders increasing selected rates by small margins. As Moneyfacts finance expert Rachel Springall points out these moves fuelled a drop to overall average… The post High street lenders lead the way on week of cuts: Moneyfacts appeared first on Mortgage Finance Gazette.

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