Yorkshire Building Society has announced it will reduce mortgage rates by up to 0.18%, with sub-4% deals available.

Together has lowered rates for its Buy-to-Let products for landlords switching from bridging loans to longer-term finance.

Accord Mortgages will tomorrow reduce rates on a number of products in its residential mortgage range.

Its two-, three- and five-year fixed-rate residential mortgage deals, available through brokers, have all been cut. Two-year fixed rates for purchase now start from 4.07% with a £1,495 fee (75% LTV).

The current average mortgage rate on a 30-year fixed mortgage is 6.81%, according to the Mortgage Research Center. The average rate on a 15-year mortgage is 5.77%, while the average rate on a 30 ...

First-time buyers with a 20% deposit can now get an interest-only mortgage thanks to a new deal from the lender Gen H.

ARMs can shine in high-rate markets, as they may offer lower introductory rates compared to fixed mortgages. For example, when the average fixed-rate mortgage rose by 4.22% from December 2020 to ...

During the last three years, mortgage rates have been on the rise. In early 2022, the average 30-year fixed rate was 4.72% and the 15-year fixed rate was 3.91%. Rates reached a recent peak in late ...

Did you know your home can serve as collateral for multiple loans at once? If you take out a loan that's secured by your home when you already have a primary mortgage, your new loan is called a ...

1970s mortgage rate trends. The average 30-year fixed-rate mortgage started the decade at about 7.5 percent in 1971 (the earliest year for which data is available), according to Freddie Mac.