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The seller is responsible for delaying his transaction
The lender is raising and lowering the mortgage interest rate to stabilize the average: Moneyfacts
Household savings increased by 25% during the pandemic: ONS

The lender is raising and lowering the mortgage interest rate to stabilize the average: Moneyfacts

The average mortgage interest rate on fixed transactions has not changed relatively the same this week, and only a slight change in the most popular product.

According to MoneyFacts, the average interest rate of two -year fixed interest rates fell only 0.01% to 5.51%. The 3 -year fixed interest rate and the 5 -year fixed interest rate are 5.34%, respectively, with 5.30%. On the other hand, 10 -year bonds rose 0.02 % to 5.70 %.

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Nevertheless, some financial institutions have significantly raised some products this week, among which Barclays and Halifax raised their interest rates by 0.20 %, and the West Brom Building Society was up to 0.25. I raised the %.

Virgin Money also raised interest rates up to 0.12%.

However, the Construction Industry Association had more interest rates than in interest rates. The Nottingham Architectural Association reduced some products by 0.23%, the Safalk Architectural Association reduced by up to 0.20%, the Kobate Leave Architectural Association reduced up to 0.10%, and the Newcastle Architectural Association reduced up to 0.09%, but some transactions are up to 0.07. %Increase. 。

Ries Building Society has decreased by up to 0.05 %, but has started new transactions with 80 % loan to value.

Cooperative banks were up to 0.35 %, M -powered mortgage was up to 0.30 %, and generator H was up to 0.20 %.

Rachel Springall, MoneyFacts finance expert, states: “This week, the mortgage market has the attitude of financial institutions, and some financial institutions have reduced fixed interest rates and some famous brands raised interest rates.

“As the lender has caught up with the fluctuations of swap interest rates in recent weeks, the same situation will be seen next week, but the expectation that interest rates will rise sharply are slightly diminished, and the borrower is within a few weeks for Branch Bank. You may be paying attention to reducing the standard interest rate.

“This week, some financiers started new transactions, but it was noted that some products were withdrawn with a higher loan to value. Therefore, buyers with a small down payment. It is wise to seek advice to consider the latest transactions.

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