The average rate for a 2-year fixed mortgage is 4.98%, down 0.04% weekly and up 0.01% yearly, according to Rightmove’s weekly mortgage tracker.
This tracker also shows that the average rate for a 5-year fixed mortgage is 4.78%, down 0.03% weekly and up 0.14% yearly.
The lowest rates available are 4.15% for a 2-year fixed mortgage, down 0.10% weekly and down 0.02% yearly, according to Rightmove’s data.
The lowest rate for a 5-year fixed mortgage is 4.00%, down 0.13% weekly and up 0.12% yearly.
For home-buyers with 5-10% deposits, the average rate for a 2-year fixed mortgage at a 95% loan-to-value (LTV) is 5.72%, down 0.03% weekly and up 0.10% yearly.
The 5-year fixed rate at 95% LTV is 5.40%, down 0.01% weekly and up 0.14% yearly.
For a 90% LTV, the 2-year fixed rate is 5.38%, down 0.03% weekly and up 0.16% yearly, while the 5-year fixed rate is 5.01%, down 0.02% weekly and up 0.25% yearly.
For home-buyers with 15-25% deposits, the average rate for an 85% LTV 2-year fixed mortgage is 4.94%, down 0.03% weekly and down 0.05% yearly.
The 5-year fixed rate at 85% LTV is 4.76%, unchanged weekly and up 0.18% yearly.
At a 75% LTV, the 2-year fixed rate is 4.82%, down 0.03% weekly and down 0.01% yearly, while the 5-year fixed rate is 4.69%, down 0.05% weekly and up 0.09% yearly.
For home-buyers with 40% deposits, the average rate for a 60% LTV 2-year fixed mortgage is 4.44%, down 0.04% weekly and down 0.01% yearly.
The 5-year fixed rate at 60% LTV is 4.33%, down 0.04% weekly and up 0.19% yearly.
