MortgagesJan 14 2025

Mortgage rate gap reaches lowest level in 2 years

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Mortgage rate gap reaches lowest level in 2 years
© BloombergAverage mortgage rates on the overall two- and five-year fixed rates fell by 0.04 per cent and 0.03 per cent in January to 5.48 per cent and 5.25 per cent respectively
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The rate gap between the average two and five-year fixed rate mortgage has fallen to its lowest margin in two years, research from Moneyfacts has revealed.

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