✨ Lender competition pushing low deposit mortgage rates down
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The cost of mortgages at 90% and 95% loan-to-value has fallen to its lowest point in over three years, the Moneyfacts’ UK Mortgages Trends Treasury Report has found. Typical 2-year fixed rates have a rate of 5.41%, the lowest since September 2022. Meanwhile the average 2-year fix at 90% LTV has drop
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The cost of mortgages at 90% and 95% loan-to-value has fallen to its lowest point in over three years, the Moneyfacts’ UK Mortgages Trends Treasury Report has found. Typical 2-year fixed rates have a rate of 5.41%, the lowest since September 2022. Meanwhile the average 2-year fix at 90% LTV has dropped to 5.24%. Rachel […]
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