Mortgage rates halved in the last decade

Business Support

Average mortgage rates on offer today are around half the level of those seen a decade ago. Research from Moneyfacts shows that the average two-year fixed-rate mortgage has fallen from 4.79% in March 2009 to 2.49% today. And the average five-year fixed-rate mortgage on the market has dropped from 5.62% a decade ago to 2.89%.

Read the whole article in the Daily Telegraph

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