Fixes continue to move upwards as base rate hike bites, Moneyfacts data shows
Fixes continue to move upwards as base rate hike bites, Moneyfacts data shows
The average rate for all fixes ticked up this week, Moneyfacts data shows. For a two-year fix, the average rate increased 3 basis points to 3.08%, while the average rate for a three-year fix moved 3 basis points in the same direction, to 3.05%. At the same time, the average rate for a five-year fix ...
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The average rate for all fixes ticked up this week, Moneyfacts data shows. For a two-year fix, the average rate increased 3 basis points to 3.08%, while the average rate for a three-year fix moved 3 basis points in the same direction, to 3.05%. At the same time, the average rate for a five-year fix ...
This story continues at Fixes continue to move upwards as base rate hike bites, Moneyfacts data shows
Or just read more coverage at Mortgage Finance Gazette
The average rate for all fixes ticked up this week, Moneyfacts data shows. For a two-year fix, the average rate increased 3 basis points to 3.08%, while the average rate for a three-year fix moved 3 basis points in the same direction, to 3.05%. At the same time, the average rate for a five-year fix ...
This story continues at Fixes continue to move upwards as base rate hike bites, Moneyfacts data shows
Or just read more coverage at Mortgage Finance Gazette
This week saw all average headline mortgage fixed rates rise, shows data from Moneyfacts. Specifically, the average rate for a two-year fix moved up 3 basis points, to 2.89% and the average rate for a three-year fix gained almost as much, with a 2 basis point rise taking it to 2.92%. The average rate for ...
This story continues at Mortgage rates continue upwards movement, shows Moneyfacts
Or just read more coverage at Mortgage Finance Gazette
This week saw all average headline mortgage fixed rates rise, shows data from Moneyfacts. Specifically, the average rate for a two-year fix moved up 3 basis points, to 2.89% and the average rate for a three-year fix gained almost as much, with a 2 basis point rise taking it to 2.92%. The average rate for ...
This story continues at Mortgage rates continue upwards movement, shows Moneyfacts
Or just read more coverage at Mortgage Finance Gazette
The average rate for all major fixes rose once again this week, according to data from Moneyfacts. For a two-year fix, the average rate lifted by 6 basis points to 3.23%, while the average rate for a three-year fix rose by 5 basis points to 3.31%. The average rate for a five-year fix climbed by ...
This story continues at Weekly rate watch: Fixes march upwards
Or just read more coverage at Mortgage Finance Gazette
The average rate for all major fixes rose once again this week, according to data from Moneyfacts. For a two-year fix, the average rate lifted by 6 basis points to 3.23%, while the average rate for a three-year fix rose by 5 basis points to 3.31%. The average rate for a five-year fix climbed by ...
This story continues at Weekly rate watch: Fixes march upwards
Or just read more coverage at Mortgage Finance Gazette
Average headline mortgage fixed rates across all major house purchase loan values rose again this week, according to data from Moneyfacts. The average rates for two-year and three-year fixes both lifted by 5 basis points, to 3.03% and 3.01%, respectively. Over longer terms, an average five-year fix lifted by 6 basis points to 3.17%, while ...
This story continues at Weekly rate watch: Fixes continue to climb
Or just read more coverage at Mortgage Finance Gazette
Average headline mortgage fixed rates across all major house purchase loan values rose again this week, according to data from Moneyfacts. The average rates for two-year and three-year fixes both lifted by 5 basis points, to 3.03% and 3.01%, respectively. Over longer terms, an average five-year fix lifted by 6 basis points to 3.17%, while ...
This story continues at Weekly rate watch: Fixes continue to climb
Or just read more coverage at Mortgage Finance Gazette
More familiar moves took place at the two-year fix, where the average rate rose 7 basis points to 3.81% and at the five-year fix, where a 5 basis point gain saw the average rate finished the week at 3.94%.
Two-year fixes
Noteworthy rises within this fix took place at 85% LTV, where the average rate went up 8 basis points to 3.87% and at 80% LTV, where the average rate moved up 9 basis points, to 3.81%.
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More familiar moves took place at the two-year fix, where the average rate rose 7 basis points to 3.81% and at the five-year fix, where a 5 basis point gain saw the average rate finished the week at 3.94%.
Two-year fixes
Noteworthy rises within this fix took place at 85% LTV, where the average rate went up 8 basis points to 3.87% and at 80% LTV, where the average rate moved up 9 basis points, to 3.81%.
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The Monetary Policy Committee (MPC) voted by a majority of 6-3 to increase the bank rate by 0.25 percentage points, to 1.25%. The members in the minority voted to increase the bank rate by 0.5 percentage points, to 1.5%.
The increase marks the fifth base rate rise since December 2021 after a decade of historic lows.
The MPC minutes say that UK GDP was weaker than expected in April, partly reflecting a further decline in Test and Trace activity.
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The Monetary Policy Committee (MPC) voted by a majority of 6-3 to increase the bank rate by 0.25 percentage points, to 1.25%. The members in the minority voted to increase the bank rate by 0.5 percentage points, to 1.5%.
The increase marks the fifth base rate rise since December 2021 after a decade of historic lows.
The MPC minutes say that UK GDP was weaker than expected in April, partly reflecting a further decline in Test and Trace activity.
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The Bank of England (BoE) has increased the base rate by 25 basis points to 1%, the highest level since 2009. The Monetary Policy Committee (MPC) voted by a majority of 6-3 to increase the bank rate by 0.25 percentage points, to 1%. The members in the minority voted to increase the bank rate by ...
This story continues at Base rate rises to 1%
Or just read more coverage at Mortgage Finance Gazette
The Bank of England (BoE) has increased the base rate by 25 basis points to 1%, the highest level since 2009. The Monetary Policy Committee (MPC) voted by a majority of 6-3 to increase the bank rate by 0.25 percentage points, to 1%. The members in the minority voted to increase the bank rate by ...
This story continues at Base rate rises to 1%
Or just read more coverage at Mortgage Finance Gazette
Mortgage rates continued to climb across most key fixes this week in the wake of the Bank of England’s base rate hike last month, according to data from Moneyfacts. The average rate for a two-year fix edged up by a single basis point, to 2.86%, following the Bank’s 25 basis points rise to 0.75% in ...
This story continues at Rates on the rise across a range of fixes, Moneyfacts finds
Or just read more coverage at Mortgage Finance Gazette
Mortgage rates continued to climb across most key fixes this week in the wake of the Bank of England’s base rate hike last month, according to data from Moneyfacts. The average rate for a two-year fix edged up by a single basis point, to 2.86%, following the Bank’s 25 basis points rise to 0.75% in ...
This story continues at Rates on the rise across a range of fixes, Moneyfacts finds
Or just read more coverage at Mortgage Finance Gazette
Average headline mortgage fixed rates across all major house purchase loan values crept higher again this week, according to data from Moneyfacts. The average rates for two-year a fix lifted by 2 basis points, to 3.05%, while a three-year fix edged up 1 basis point to 3.02%. Over longer terms, an average five-year fix lifted ...
This story continues at Weekly rate watch: Fixes climb higher
Or just read more coverage at Mortgage Finance Gazette
Average headline mortgage fixed rates across all major house purchase loan values crept higher again this week, according to data from Moneyfacts. The average rates for two-year a fix lifted by 2 basis points, to 3.05%, while a three-year fix edged up 1 basis point to 3.02%. Over longer terms, an average five-year fix lifted ...
This story continues at Weekly rate watch: Fixes climb higher
Or just read more coverage at Mortgage Finance Gazette
The average rate for all fixes climbed again this week, according to data from Moneyfacts. For a two-year fix, the average rate lifted by 9 basis points to 3.17%, while the average rate for a three-year fix jumped by 21 basis points to 3.26%. At the same time, the average rate for a five-year fix ...
This story continues at Average rate for fixes climbs again
Or just read more coverage at Mortgage Finance Gazette
The average rate for all fixes climbed again this week, according to data from Moneyfacts. For a two-year fix, the average rate lifted by 9 basis points to 3.17%, while the average rate for a three-year fix jumped by 21 basis points to 3.26%. At the same time, the average rate for a five-year fix ...
This story continues at Average rate for fixes climbs again
Or just read more coverage at Mortgage Finance Gazette