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Fixed-rate mortgage deals continue to cost borrowers more

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  • Fixed-rate mortgage deals continue to cost borrowers more

    Financial information group Moneyfacts.co.uk has revealed that the average cost of a two-year fixed-rate mortgage rose to 7.07% on 7 July, from 6.52% on 16 June.Despite the fact that swap rates reached their peak in the middle of June, some lenders are still increasing the cost of their fixed-rate mortgages, citing a lower volume of [...]

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  • #2
    hopefully we'l' see these coming down considerably over the next year.

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