The average two-year fixed rate home loan and the five-year rate have both hit 4.52%, data from Rightmove’s daily mortgage tracker shows. The last time both terms converged was in September 2022, before the Liz Truss mini-Budget. The current July two-year average rate of…
The post Two- and five-year fixes converge for first time since Truss Budget appeared first on Mortgage Strategy.
Two- and five-year fixes converge for first time since Truss Budget