Rightmove’s weekly mortgage tracker

Rightmove’s mortgage expert Matt Smith says: “Largely unchanged mortgage rates this week is some good news for home-movers who are planning their next steps. The stability we are starting to see from week-to-week is reassuring for movers, helping them to understand how much they are likely to pay each month on a mortgage. Looking a bit deeper, we have seen the last remaining sub-4% rates removed by lenders, reflecting increases in swap rates over the last few weeks. The cheapest rates available are now 4.06%, at both 60 and 75% Loan-To-Value (LTV).

“We may see more activity from lenders in the coming week, after the latest inflation figures are published. If inflation falls by more than the markets are predicting, this could be positive news for mortgage rates, though if inflation remains higher than forecast, we could see further pressure on lenders to increase rates.”

The top table tracks 85% and 60% LTV for a 5 year fixed-rate mortgage so you can quickly see the trend at a glance. Further LTVs for 2 and 5 year fixed rates are in the tables that follow. All rates are based on products with a circa £999 fee. Rightmove can now provide mortgage rates across all LTVs for 95% of the mortgage market to exclude specialist lending.

Average mortgage rates to be credited to Rightmove. The data is provided by specialist mortgage technology provider Podium Solutions. The data covers 95% of mortgage lending, to exclude specialist lenders. All rates are based on products with a circa £999 fee. If you would like further data on different LTVs or fixed terms, please contact us.