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More deals under 4% are coming on to the market, following the Bank of England's (BoE) decision to cut interest rates, with another mortgage war looming that is set to benefit those trying to get on the property ladder.
The average rate on a two-year fixed deal this week stood at 5.38%, higher than last week's 5.25%, while average rates for a five-year deal came in at 4.93%, also higher than the previous 4.77%, according to figures from Uswitch.
The Bank of England cut interest rates to 5% at ...
>>> Read more: Best UK mortgage deals of the week
The average rate on a two-year fixed deal this week stood at 5.38%, higher than last week's 5.25%, while average rates for a five-year deal came in at 4.93%, also higher than the previous 4.77%, according to figures from Uswitch.
The Bank of England cut interest rates to 5% at ...
>>> Read more: Best UK mortgage deals of the week
