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Mortgage rates are tumbling for buyers with small deposits

  • 📰 The Independent
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Average two-year fixed rate drops to just is 3.3%, Moneyfacts says

The 0.65 percentage point gap in rates is smallest Moneyfacts has seen since February 2013. The average two-year fixed rate for borrowers with a 5 per cent deposit is 3.30 per cent, while the average rate for borrowers with a 10 per cent deposit for this type of mortgage is 2.7 per cent.

 

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