Two-year fixes getting cheaper

Aaron Strutt Image

The cost of the average two-year fixed rate at 90% loan to value has fallen to 5.39%, its lowest rate since January 2008, according to Moneyfacts. This compares to an average rate of 6.05% six months ago and 5.97% a year ago. The average two-year fixed rate is now 3.82%.

7 October, 2011

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