Fixed rate mortgage hikes dominate the market, says Moneyfacts

Average fixed-rate mortgage prices rose this week as lenders made rounds of rate hikes, according to the latest Moneyfacts Rate Watch. The average two-year fix now costs 5.67%, up 7bps from 5.6% last week. Meanwhile the typical five-year fix now costs 5.72%, an 8bps rise…

The post Fixed rate mortgage hikes dominate the market, says Moneyfacts appeared first on Mortgage Strategy.

Fixed rate mortgage hikes dominate the market, says Moneyfacts

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