The average standard variable rate (SVR) has fallen further below 8% month-on-month and stands at 7.48%, down from 8.18% a year ago, the latest Moneyfacts data shows. The latest figures show that the average two-year fixed rate has fallen from 5.93% to 5.12% since June…
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Average SVR down 0.70% from June last year: Moneyfacts