Two-year fixed rate average falls to 6.39%

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Two-year fixed rate average falls to 6.39%

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09-03-2008, 08:03 PM

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Two-year fixed rate average falls to 6.39%

Financial website, Moneyfacts.co.uk, has reported that the average interest rate charged on a two-year fixed-rate home loan now stands at 6.39%, down from a peak of 7.08% at the beginning of July. Michelle Slade, analyst at Moneyfacts, has confirmed that rates on this popular type of mortgage have returned to the levels seen just prior to [...]

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