{"id":140624,"date":"2023-12-08T19:34:04","date_gmt":"2023-12-08T12:34:04","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/average-uk-two-year-fixed-mortgage-rate-drops-below-6-to-six-month-low\/"},"modified":"2023-12-08T19:48:21","modified_gmt":"2023-12-08T12:48:21","slug":"average-uk-two-year-fixed-mortgage-rate-drops-below-6-to-six-month-low","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/average-uk-two-year-fixed-mortgage-rate-drops-below-6-to-six-month-low\/","title":{"rendered":"Average UK two-year fixed mortgage rate drops below 6% to six-month low"},"content":{"rendered":"


\nData shows cost of borrowing still falling from highs of summer, with five-year fix also downBusiness live \u2013 latest newsThe average cost of a two-year fixed-rate mortgage has fallen below 6% for the first time in almost six months, figures showed on Friday.In news that will be welcome to homebuyers and remortgagors, data from Moneyfacts showed that the cost of borrowing is still falling from the peaks reached in the summer. Continue reading…
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\nSource : theguardian.com
\nRead more…Average UK two-year fixed mortgage rate drops below 6% to six-month low<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Data shows cost of borrowing still falling from highs of summer, with five-year fix also...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-140624","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-AA8","jetpack-related-posts":[{"id":139358,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/average-five-year-fixed-mortgage-rate-in-uk-falls-back-below-6\/","url_meta":{"origin":140624,"position":0},"title":"Average five-year fixed mortgage rate in UK falls back below 6%","date":"September 28, 2023","format":false,"excerpt":"\r First time since early July that average rate has been below 6%, with some deals now under 5%The average new five-year fixed mortgage rate has fallen back below 6% for the first time since early July, according to the sector\u2019s leading data provider.Across all deposit sizes, the typical five-year\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":138410,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hope-for-homebuyers-as-rates-fall-on-uk-fixed-mortgage-deals\/","url_meta":{"origin":140624,"position":1},"title":"Hope for homebuyers as rates fall on UK fixed mortgage deals","date":"July 20, 2023","format":false,"excerpt":"\r Small drops in average rates for two- and five-year fixed mortgages follow easing of inflation rate in JuneBorrowers received a glimmer of good news after average rates on new two- and five-year fixed mortgages fell for the first time since May.News of the small falls came 24 hours after\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":131745,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/average-uk-five-year-mortgage-rate-less-than-6-for-first-time-in-seven-weeks\/","url_meta":{"origin":140624,"position":2},"title":"Average UK five-year mortgage rate less than 6% for first time in seven weeks","date":"November 22, 2022","format":false,"excerpt":"\r Fixed interest rate deals starting to drop and could \u2018fall further still\u2019, says MoneyfactsThe average rate on a five-year mortgage deal has dropped below 6% for the first time since the disastrous mini-budget two months ago that ended up costing Kwasi Kwarteng his job as chancellor.Moneyfacts, a financial data\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":140900,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hsbc-joins-mortgage-rate-cutting-drive-with-deals-below-4\/","url_meta":{"origin":140624,"position":3},"title":"HSBC joins mortgage rate-cutting drive with deals below 4%","date":"January 3, 2024","format":false,"excerpt":"\r Five- and 10-year fixed-rate remortgage offers announced as lenders big and small reduce ratesHSBC has become the latest big UK lender to announce across-the-board mortgage interest rate cuts, with leading names announcing reductions of up to one percentage point.The bank\u2019s new deals announced on Wednesday include a headline-grabbing five-year\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":17198,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hsbc-launches-fixed-rate-mortgage-below-1\/","url_meta":{"origin":140624,"position":4},"title":"HSBC launches fixed-rate mortgage below 1%","date":"June 21, 2016","format":false,"excerpt":"\r Customers given opportunity to lock in for two years at 0.99% interest rate \u2013 but they will need deposit of at least 35%HSBC has launched Britain\u2019s first fixed-rate mortgage with an interest rate below 1%, as competition among lenders hots up and the cost of borrowing for banks and\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":140224,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/new-mortgage-deal-falls-below-5-in-watershed-moment-for-uk-homeowners\/","url_meta":{"origin":140624,"position":5},"title":"New mortgage deal falls below 5% in \u2018watershed moment\u2019 for UK homeowners","date":"November 9, 2023","format":false,"excerpt":"\r Nationwide\u2019s two-year fixed rate deal offered at 4.99% as lenders jostle for customersBusiness live \u2013 UK mortgage arrears rise as high rates hit borrowers A two-year fixed-rate mortgage priced at below 5% has gone on sale for the first time since early summer as leading lenders jostle to attract\u2026","rel":"","context":"In "Property 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