Mortgage Rates Fall as Homeowners Could Save Almost £290 a Year

Mortgage rates fall as homeowners could save almost £290 a year

The average rate across all newly available mortgages declined

New change mean homeowners could save almost £290 a year

The average two-year fixed mortgage rate has fallen

Cheaper home loans could save you £288 as deals fall

The improvements have been driven by falling swap rates

Buyer boost amid steep mortgage rate drop

“Borrowers are seeing fixed mortgages falling at their fastest pace for almost two years," says Moneyfacts' Rachel Springall.

Mortgage rates fall to lowest level since March 2026

Fixed mortgage rates in the UK have declined for a consecutive month, marking the largest monthly reductions since October 2024. The average two-year and five-year fixed rates both fell to 5.52%, their lowest point since March 2026. The post Mortgage rates fall to lowest level since March 2026 appeared first on PropertyWire.

Mortgage rates fall in signs of market recovery

Fixed mortgage rates have fallen at their fastest pace since October 2024, Moneyfacts UK Mortgage Trends Treasury Report data reveals. Average two- and five-year fixed rates fell by 0.16% and 0.11% respectively, with both reaching 5.52% – their lowest points since the start of March. The Moneyfacts Average New Mortgage Rate fell by 0.12%, to 5.47%, its biggest monthly fall since March 2025 (0.12%). It was last below 5% in March 2026 (4.90%). Mor…