{"componentChunkName":"component---src-templates-post-js","path":"/mortgage-rates-down/","result":{"data":{"ghostPost":{"id":"Ghost__Post__5e456c87f9528e003813cd5c","title":"Mortgage rates: going down","slug":"mortgage-rates-down","featured":false,"feature_image":"https://images.unsplash.com/photo-1560518883-ce09059eeffa?ixlib=rb-1.2.1&q=80&fm=jpg&crop=entropy&cs=tinysrgb&w=2000&fit=max&ixid=eyJhcHBfaWQiOjExNzczfQ","excerpt":"Borrowing money to buy a house is cheaper now than it was last year.","custom_excerpt":"Borrowing money to buy a house is cheaper now than it was last year.","created_at_pretty":"13 February, 2020","published_at_pretty":"13 February, 2020","updated_at_pretty":"18 March, 2020","created_at":"2020-02-13T15:34:31.000+00:00","published_at":"2020-02-13T17:04:37.000+00:00","updated_at":"2020-03-18T12:31:22.000+00:00","meta_title":null,"meta_description":null,"og_description":null,"og_image":null,"og_title":null,"twitter_description":null,"twitter_image":null,"twitter_title":null,"authors":[{"name":"Annie Mellor","slug":"annie","bio":null,"profile_image":null,"twitter":null,"facebook":null,"website":null}],"primary_author":{"name":"Annie Mellor","slug":"annie","bio":null,"profile_image":null,"twitter":null,"facebook":null,"website":null},"primary_tag":null,"tags":[{"name":"#blog","slug":"hash-blog","description":null,"feature_image":null,"meta_description":null,"meta_title":null,"visibility":"internal"},{"name":"tips-from-team","slug":"tips-from-team","description":null,"feature_image":null,"meta_description":null,"meta_title":null,"visibility":"public"}],"plaintext":"Borrowing money to buy a house is cheaper now than it was last year. Low\nmortgage rates are good news for first-time buyers, making it more affordable to\nget on the property ladder.\n\nThe latest Moneyfacts Mortgage Treasury Report shows that interest rates have\nfallen since last year.\n\nFor a 95% loan-to-value mortgage (which means that you only need a 5% deposit),\nthe average two year fixed rate has decreased 0.19% since February 2019, and is\nnow just 3.25%.\n\nTop two year fixed-rate deals\nAverages are all well and good but let’s have a look at what Multiply's top\npicks of the best two year fixed-rate deals on the market. The figures below are\nbased on a £237,500 repayment mortgage for a first time buyer.\n\n*based on a first-time buyer with a repayment mortgage of £237,500.\n\n\n--------------------------------------------------------------------------------\n\nTop five year fixed-rate deals\nThe average five year fixed-rate mortgage is now 3.56%, down 0.26% from last\nyear. Here's our top picks from the market, if you're looking to fix for five\nyears. \n\nAgain, these figures are based on a first-time buyer taking out a £237,500\nrepayment mortgage.\n\n*based on a first-time buyer with a repayment mortgage of £237,500.\n\n\n--------------------------------------------------------------------------------\n\nStay tuned\nThis is just a sneak peek of the in-depth research our financial advice team\ndoes to keep your financial plan full of the latest rates and top pick accounts.\nLook out for even more juicy insights from the team over the next few weeks.\n\nThe source for the above mortgage rates is Moneysupermarket.","html":"<p>Borrowing money to buy a house is cheaper now than it was last year. Low mortgage rates are good news for first-time buyers, making it more affordable to get on the property ladder.</p><p>The latest Moneyfacts Mortgage Treasury Report shows that interest rates have fallen since last year.</p><p>For a 95% loan-to-value mortgage (which means that you only need a 5% deposit), the average two year fixed rate has decreased 0.19% since February 2019, and is now just 3.25%.</p><h3 id=\"top-two-year-fixed-rate-deals\">Top two year fixed-rate deals</h3><p>Averages are all well and good but let’s have a look at what Multiply's top picks of the best two year fixed-rate deals on the market. The figures below are based on a £237,500 repayment mortgage for a first time buyer.</p><figure class=\"kg-card kg-image-card\"><img src=\"https://multiply.ghost.io/content/images/2020/02/image-3.png\" class=\"kg-image\" alt loading=\"lazy\"></figure><p><em>*based on a first-time buyer with a repayment mortgage of £237,500.</em></p><hr><h3 id=\"top-five-year-fixed-rate-deals\">Top five year fixed-rate deals</h3><p>The average five year fixed-rate mortgage is now 3.56%, down 0.26% from last year. Here's our top picks from the market, if you're looking to fix for five years. </p><p>Again, these figures are based on a first-time buyer taking out a £237,500 repayment mortgage.</p><figure class=\"kg-card kg-image-card\"><img src=\"https://multiply.ghost.io/content/images/2020/02/image-4.png\" class=\"kg-image\" alt loading=\"lazy\"></figure><p><em>*based on a first-time buyer with a repayment mortgage of £237,500.</em></p><hr><h3 id=\"stay-tuned\">Stay tuned</h3><p>This is just a sneak peek of the in-depth research our financial advice team does to keep your financial plan full of the latest rates and top pick accounts. Look out for even more juicy insights from the team over the next few weeks.</p><p><em>The source for the above mortgage rates is Moneysupermarket.</em></p>","url":"https://multiply.ghost.io/mortgage-rates-down/","uuid":"e84c1deb-d7a4-4080-89c6-8a7d1dd341ba","page":null,"codeinjection_foot":null,"codeinjection_head":null,"codeinjection_styles":null,"comment_id":"5e456c87f9528e003813cd5c"}},"pageContext":{"slug":"mortgage-rates-down"}},"staticQueryHashes":["176528973","2358152166","2561578252","2731221146","4145280475"]}