BEST MORTGAGE RATES FOR HOME MOVERS AND FIRST-TIME BUYERS – WHICH?
Rates fall as mortgage deals recover from mini-budget fallout.
Mortgage rates are falling as the market continues to recover from the shockwaves caused by the government’s mini-budget last autumn – but figures still remain high.
More than 1,500 mortgages were withdrawn last September, resulting in average rates on two-year fixes rising to a 14-year high. However, the market is now calming, and some of the cheapest deals have fallen below 4% for the first time in months.
Here, we explain why the market is so different to how it was 12 months ago, and outline the cheapest mortgages currently available.
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