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Evening Standard
Evening Standard
Vicky Shaw

Some average mortgage rates ‘jump month-on-month for first time since February’

Moneyfacts Bank of England The Bank of England Rachel Springall Barclays Barratt Redrow England Inflation Persimmon

Average two and five-year fixed mortgage rates have jumped month-on-month for the first time since February, according to a financial information website.

Moneyfacts recorded average mortgage rates on the market at the start of each month – and found that, across all deposit sizes, the average two-year fixed-rate mortgage increased from 4.96% in September to 4.98% in October.

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