Homebuyers and those looking to remortgage can now take out a five-year fixed deal that charges less than 5% interest. It's the lowest shorter-term fixed rate for new customers we've seen in a month and suggests rates have peaked following recent turbulence. Below we explain how the new deal works and how it compares.
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'Cheapest fixed mortgage deals dip below 5% – the lowest rate in a month'
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MSE News: Cheapest fixed mortgage deals dip below 5% – the lowest rate in a month
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MSE_Kit
Posts: 113 MSE Staff
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Might be better if it was moved to the mortgage board rather than being on the mortgage free board @MSE_KitMortgage started 2020, aiming to clear 31/12/2029.0
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Good shout - thanks!1
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The deals aren't as good as they seem, £1500-£2000 fee makes them on par with some of the other that are over 5% but have lower fees or none.0
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How could I work out the true cost? Would it depend on the size of mortgage?snowqueen555 said:The deals aren't as good as they seem, £1500-£2000 fee makes them on par with some of the other that are over 5% but have lower fees or none.0
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