Average two and five-year fixed mortgage rates continue to climb above 6%
2 years, 2 months ago

Average two and five-year fixed mortgage rates continue to climb above 6%

The Independent  

Sign up to our free money newsletter for investment analysis and expert advice to help you build wealth Sign up to our free money email for help building your wealth Sign up to our free money email for help building your wealth SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Average two and five-year fixed mortgage rates are continuing to climb above 6%, according to analysis. Mortgage products are starting to return after lenders temporarily withdrew deals amid interest rate uncertainty Rachel Springall, Moneyfacts.co.uk Five-year fixed mortgage rates hit 6% last week for the first time since 2010. Rachel Springall, a finance expert at Moneyfacts.co.uk, said: “Mortgage interest rates are continuing to rise, so borrowers comparing fixed deals would be wise to seek advice to see what options are available to them. “Mortgage products are starting to return after lenders temporarily withdrew deals amid interest rate uncertainty, but there is still much more room for improvement compared to the level of choice seen before the mini-budget.

History of this topic

Average US long-term mortgage rate inches up to 6.93% this week for fourth straight increase
9 hours, 18 minutes ago
Average rate on a 30-year U.S. mortgage hits 6.91%, according to Freddie Mac, the highest since July
1 week ago
Mortgage rates inch closer to 7% to close out 2024
1 week, 1 day ago
Average rate on 30-year mortgage hits 6.6%, its third straight weekly decline
4 weeks ago
Santander UK cuts rates across more than 70 mortgage products
4 weeks ago
Jump in average fixed mortgage rates recorded in December, says Moneyfacts
1 month ago
Average rate on a 30-year mortgage in the U.S. falls
1 month ago
Average rate on a 30-year mortgage in the US falls to 6.69%
1 month ago
Mortgage approvals to home buyers reach highest level since summer 2022
1 month, 1 week ago
Average rate on a 30-year mortgage in the US slips to 6.81%
1 month, 1 week ago
The average rate on a 30-year mortgage in the US slips to 6.78%
1 month, 3 weeks ago
Three major banks hike fixed rate mortgages: Why are costs RISING after the Bank of England cut?
1 month, 4 weeks ago
Bank of England cuts interest rates to 4.75% – but mortgages still set to rise
2 months ago
Average rate on a 30-year mortgage in the US rises for 6th straight week
2 months ago
Average tracker mortgage payments will fall by nearly £30
2 months ago
Mortgage approvals jump but housing market on ‘tenterhooks’ ahead of Budget
2 months, 1 week ago
UK interest rates will drop to 2.75 per cent, Goldman Sachs predicts
2 months, 2 weeks ago
Average rate on a 30-year mortgage eases to 6.35%, its lowest level in more than a year
4 months, 1 week ago
Average rate on a 30-year mortgage falls to 6.73%, lowest level since early February
5 months, 1 week ago
Average rate on a 30-year mortgage drops to 6.77%, sliding to lowest level since March
5 months, 3 weeks ago
Average rate on a 30-year mortgage drops to 6.77%, sliding to lowest level since March
5 months, 3 weeks ago
Average rate on a 30-year mortgage eased this week to 6.86%, lowest level since early April
6 months, 1 week ago
Average rate on a 30-year mortgage eased this week to 6.86%, lowest level since early April
6 months, 1 week ago
Average long-term US mortgage rate falls again, easing to lowest level since early April
6 months, 2 weeks ago
Major lenders cut mortgage rates in ‘welcome boost’ for market
7 months, 3 weeks ago
Long-term mortgage rates retreat for second straight week, US average at 7.02%
7 months, 3 weeks ago
Average long-term US mortgage rate snaps five-week string of increases, but remains above 7%
8 months ago
Average long-term US mortgage rate climbs above 7%
8 months, 3 weeks ago
Average long-term US mortgage rate edges closer to 7%, rising to highest level since early March
8 months, 4 weeks ago
Average long-term US mortgage rate edges closer to 7%, rising to highest level since early March
8 months, 4 weeks ago
Average long-term US mortgage rate falls slightly, easing borrowing costs for home shoppers
9 months, 1 week ago
Average long-term US mortgage rate declines to levels last seen in early February
9 months, 3 weeks ago
Average long-term US mortgage rose again this week to highest level since mid December
10 months, 2 weeks ago
Mortgage rates hit their highest level in 10 WEEKS costing the typical homebuyer $700 more a month than if they bought two years ago - but experts insist they WILL drop later in the year
10 months, 3 weeks ago
Biggest drop in average two-year fixed mortgage rate on the market since 2022
10 months, 4 weeks ago
Boost for homebuyers: Average long-term mortgage rate falls to 6.6%, lowest level since May
11 months, 3 weeks ago
Interest rate cuts will soften mortgage blow by £11bn in 2024
1 year ago
Mortgage rate cuts ‘will take some of sting out of rise’ for people refixing
1 year ago
Halifax cuts mortgage rates in new hope for home buyers
1 year ago
Mortgage rates fall for the ninth week in a row to 6.61% (but average buyer STILL faces paying an extra $800 a month than if they bought two years ago)
1 year ago
Down again: Average long-term US mortgage rate falls to 6.67%, lowest level since June
1 year ago
From AI and inflation to Elon Musk and Taylor Swift, the business stories that dominated 2023
1 year ago
The average long-term US mortgage rate dips below 7% to its lowest level since early August
1 year ago
The average long-term US mortgage rate falls to 7.22%, sliding to lowest level since late September
1 year, 1 month ago
UK house sales tumbled by a fifth in October, HMRC says
1 year, 1 month ago
The average long-term US mortgage rate falls to 7.44% in third-straight weekly drop
1 year, 1 month ago
The average long-term US mortgage rate falls to 7.5% in second-straight weekly drop
1 year, 2 months ago
The average long-term US mortgage rate surges to 7.63%, holding at highest level since 2000
1 year, 2 months ago
Mortgage rates climb to 7.57% - the highest in over two decades - here's what it means for YOU
1 year, 2 months ago
UK house prices have proven more resilient than expected, says Halifax
1 year, 3 months ago

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