The average two-year fixed rate in the UK was 4.36% in June, with three year rates at the lowest on record at 4.95%.
The five year rate, at 5.37% is at its lowest since January 2011 and swap rate trends suggest all fixed rates could go lower still.
http://www.mortgagesolutions.co.uk/mortgage-solutions/news/2080153/exclusive-fixed-rate-mortgages-record-low
Rob Robetson
http://www.mortgageinformationcentre.co.uk/
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