Interest rates on new mortgage deals have fallen to their lowest level since 1988, according to the financial information service Moneyfacts
Mortgage rates at lowest level for 23 years
8th June 2011
Mortgage Market News
Mortgage Market News This Month’s Top Fixed Rate
Fixed rate
Initial rate: 1.35%
Period: 2 years
Rate will revert to a variable rate, currently 4.99% thereafter
The overall cost for comparison is 4.46%
This Month’s Top Variable Rate
Variable rate
Initial rate: 0.97%
Period: 2 years
Rate will revert to a variable rate, currently 4.99% thereafter
The overall cost for comparison is 4.37%
Some of this month's top interest rates are listed above; the actual rate will depend on your circumstances. Please note that this information does not contain all the details you need to choose a mortgage, ask one of our advisers for a personalised key facts illustration on 020 7519 4900. The rate displayed may become out of date at short notice.
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