Rightmove plc

11/06/2024 | Press release | Distributed by Public on 11/07/2024 10:33

Rightmove’s weekly mortgage tracker

Rightmove's weekly mortgage tracker

Headlines

  • The average 5-year fixed mortgage rate is now 4.66%, down from 5.33% a year ago
  • The average 2-year fixed mortgage rate is now 4.92%, down from 5.76% a year ago
  • The average 85% LTV 5-year fixed mortgage rate is now 4.69%, down from 5.40% a year ago
  • The average 60% LTV 5-year fixed mortgage rate is now 4.05%, down from 4.91% a year ago
  • The average monthly mortgage payment on a typical first-time buyer type property when taking out an average five-year fixed, 85% LTV mortgage, is now £1,093per month, down from £1,159 per month a year ago

Latest rates data

Average fixed-term mortgage rates for home-buyers with 5-10% deposits

Loan to Value (LTV) Term Average rate
30 Oct 2024 		Average rate
06 Nov 2024 		Weekly Change
95% 2-year fixed 5.56% 5.55% -0.01%
95% 5-year fixed 5.23% 5.21% -0.02%
90% 2-year fixed 5.35% 5.33% -0.02%
90% 5-year fixed 4.89% 4.89% +0.00%

Average fixed-term mortgage rates for home-buyers with 15-25% deposits

Loan to Value (LTV) Term Average rate
30 Oct 2024 		Average rate
06 Nov 2024 		Weekly Change
85% 2-year fixed 4.93% 4.94% +0.01%
85% 5-year fixed 4.66% 4.69% +0.03%
75% 2-year fixed 4.69% 4.68% -0.01%
75% 5-year fixed 4.45% 4.47% +0.02%

Average fixed-term mortgage rates for home-buyers with 40% deposits

Loan to Value (LTV) Term Average rate
30 Oct 2024 		Average rate
06 Nov 2024 		Weekly Change
60% 2-year fixed 4.17% 4.15% -0.02%
60% 5-year fixed 4.04% 4.05% +0.01%
Rightmove plc published this content on November 06, 2024, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on November 07, 2024 at 16:33 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]