Mortgage choices are on the rise

mortgage choices

mortgage choices

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The average shelf life of a mortgage deal has stabilised, increasing to 15 days, up from lows of 12 days in July.

Both the average two and five-year fixed rates have been falling from the start of August, currently at 6.66% and 6.08% respectively.

It has been a busy period for lenders, as they are cutting fixed rates and launching new deals to generate business.

 

Source: #Dataloft, Moneyfacts, 18th September 2023

 

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