Financial data provider, Moneyfacts, has announced that rates on the typical two-year fixed mortgage have returned to their 2007 levels. Interest on the average two-year fixed-rate deal is now down to 6.59% from a high of 7.08% earlier this year. However, potential borrowers will need a hefty deposit to benefit from the fall because the average deposit [...]
Two-year fixed-rates return to 2007 levels
