Mortgage rates below 5% for first time since Truss budget

More households take two-year mortgages as they go sub-5% for first time since Truss

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Typical two-year mortgage deal at near three-year low - below 5% since mini-budget

It's nearly three years since the average two-year fixed mortgage rate was below 5%.

Mortgage rates below 5% for first time since Truss budget

Average two-year mortgage rates have fallen to 4.99%, the lowest point since September 2022.

Average UK Mortgage Rate Is Below 5% for First Time Since Truss

The average interest rate on a common UK mortgage has dropped below 5% for the first time since former prime minister Liz Truss’ calamitous mini-budget in 2022.

Typical Two-year Mortgage Deal At Near Three-year Low - Below 5% Since Mini-budget - Great Yorkshire Radio

The interest rate charged on a typical two-year fixed mortgage deal is now 4.99%, according to financial information company Moneyfacts. It means there are more expensive and also cheaper two-year mortgage products on the market, but the average has fallen to a near three-year low. Money blog: Bingo players ‘won’ share of £1.6m – then Gala took it back Not since September 2022 has the average been at this level, before former prime minister Liz …

Typical two-year mortgage deal at near three-year low - below 5% since

The average two-year mortgage rate has fallen below 5% for the first time since the Liz Truss mini-budget. The interest rate charged on a typical two-year fixed mortgage deal is now 4.99%, according to financial information company Moneyfacts. It means there are more expensive and also cheaper two-year mortgage products on the market, but the average has fallen to a near three-year low. Money blog: Bingo players ‘won’ share of £1.6m – then Gala …