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Evening Standard
Evening Standard
Business
Jonathan Prynn

REVEALED: Average two year mortgage rate falls below 5 5 for first time since june 2023 | Vintage Vibes

Average interest rates on two year fixed mortgages have fallen below 5.5% for the first time since June last year, latest figures reveal today.

Data from analysts Moneyfacts shows that the average rate dropped 1 basis point (bp) to 5.49% today, a level not seen for 15 months.

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