Average two-year fixed mortgage rate falls below five-year rate for the first time since Truss mini-Budget
THE average two-year fixed mortgage rate has dropped below the average five-year fixed rate for the first time since Liz Truss’ mini-Budget. The average two-year fixed rate for those with a 40% deposit is now 4.18%, while the average five-year fixed mortgage rate for those with a 40% deposit is 4.19%, according to data firm