Average fixed rates now the lowest since March: Moneyfacts

By: ameer@trustedteam.com

Average fixed-rate mortgage prices have dropped to their lowest level since March, according to the latest Moneyfacts rate watch. Moneyfacts found that the typical two-year fix is now 5.51%, down 4bps from 5.55% last week. Meanwhile the average five-year fix dropped 3bps, also to 5.51%,…

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