Brendan Burgess
Founder
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http://www.dailymail.co.uk/news/art...-thanks-bank-price-war-rock-bottom-rates.html
Last week, Yorkshire Building Society cut its two-year fixed mortgage rate to 1.14 per cent. This is currently the cheapest two-year deal on the market, followed by First Direct, which charges a rate of 1.15 per cent.
Five-year fixed-rate mortgages have already edged below the 2 per cent mark, with HSBC launching a 1.99 per cent deal last month.
And even ten-year fixed rate deals have crashed to new lows. First Direct, part of HSBC, now charges 2.89 per cent to fix a home loan for a decade.
Last week, Yorkshire Building Society cut its two-year fixed mortgage rate to 1.14 per cent. This is currently the cheapest two-year deal on the market, followed by First Direct, which charges a rate of 1.15 per cent.
Five-year fixed-rate mortgages have already edged below the 2 per cent mark, with HSBC launching a 1.99 per cent deal last month.
And even ten-year fixed rate deals have crashed to new lows. First Direct, part of HSBC, now charges 2.89 per cent to fix a home loan for a decade.