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Rolling coverage of the latest economic and financial newsTariffs, tech and Taiwan: how China hopes to Trump-proof its economyYesterday’s cut to UK interest rates doesn’t seem to have yet filtered through to borrowers.Data provider Moneyfacts reports that the average rate on two-year loans is unchanged this morning, while the five-year equivalent is slightly higher:The average 2-year fixed residential mortgage rate today is 5.42%. This is unchanged from the previous working day.The average 5-year fixed residential mortgage rate today is 5.14%. This is up from 5.13% the previous working day. Continue reading...
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Rolling coverage of the latest economic and financial news
Yesterday’s cut to UK interest rates doesn’t seem to have yet filtered through to borrowers.
Data provider Moneyfacts reports that the average rate on two-year loans is unchanged this morning, while the five-year equivalent is slightly higher:
The average 2-year fixed residential mortgage rate today is 5.42%. This is unchanged from the previous working day.
The average 5-year fixed residential mortgage rate today is 5.14%. This is up from 5.13% the previous working day.
Continue reading...
