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The average two-year fixed rate rose 2 basis points this week to 5.32% on Friday, according to Moneyfacts.
However, the average three- and five-year fixing rates fell 5 basis points to 5.14% and 1 basis point to 4.97%, respectively.
And the average 10-year correction remained at 5.03%.
Corrections in two years
At an LTV of 95%, the average rate fell 3 basis points to 5.85%, and at an LTV of 60%, a further 3 basis points decrease brought the average rate down to 5.49%.
Meanwhile, at 60% LTV, the average rate rose 3 basis points to 5.07%.
Corrections for three years
Here, at 90% LTV, the average rate fell by 6 basis points, while the average LTV rate of 85% lost 8 basis points, to 5.20% and 5.25%, respectively.
And at 65% LTV, the average rate fell 44 basis points to 5.53%.
Five year fixes
With an LTV of 95%, the average rate is down 1 basis point to 5.30%. At 70% LTV, there was a bigger change when his rate fell 12 basis points to 5.20%.
However, at 90% LTV, things went in the opposite direction, with the average rate up 2 basis points to 4.99%.
fixes for 10 years
The only significant change in this correction occurred at 75% LTV, where the average rate increased by 1 basis point to 4.66%.
Moneyfactscompare.co.uk financial expert Rachel Springall says: “Lenders have been raising and lowering rates this week, but there have been fewer rates compared to the previous week. Far fewer products have also been taken off the market, with some brand new offerings even being launched this week.
“As has been a common theme in recent weeks, many of the changes have focused on fixed rate pricing, with an even distribution of ups and downs, this still causes average rates to fluctuate, but the overall five year average fixed rate stays the same. below the two-year fixed rate. , and the latter rose slightly compared to the week.
“Very few major banking brands changed their prices this week, but Barclays did increase selected two- and five-year fixed deals by 0.32% and 0.20%, respectively, and TSB increased its five-year fixed mortgages, which have 995% APR. . pounds. commission for goods by 0.20%.
“This week, several building societies either raised or lowered rates, including Leeds Building Society, which cut individual flat rates by 0.10% but also backed out and launched new flat deals.
“The Newcastle Building Society has cut some rates to 0.26% but also raised others to 0.10%. The Nottingham Building Society cut rates, which included two-year fixed offers with LTVs of 90% and 95%, by 0.25% and 0.15%, respectively.
Skipton Building Society also cut its two-year fixed mortgages on new construction by 0.07%, but increased some two-year fixed deals elsewhere by 0.38%. Elsewhere, Accord increased fixed mortgages to 0.40% and Virgin Money went through a combination of fixed rate cuts, increases and product launches, some to 0.33% and some to 0.20%.
“The changes show how lenders are slowly adjusting their ranges as this week sees the return of mortgages from Co-op Bank and the platform, which temporarily withdrew selected new business products a couple of weeks ago.
“Borrowers are clearly looking for a competitive deal after interest rate volatility, so it will be interesting to see what deals come up next week and how long they can stay on the shelf.”
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