To secure the best fixed mortgage rates you need to act quickly.
The best fixed mortgage rates may disappear fast so you need to act quickly if you want to secure the most competitive deals.
Recent figures suggest that over several months mortgage interest rates have been rising. Apart from the recent increases to many lenders standard variable rates, there have been smaller increases over a wide range of lenders products.
Some lenders are withdrawing their best offers within a very short period. If you want to secure the best deals you have to be at the right place at the right time. At Deal Direct we have access to the whole of market lending and get updates on a daily basis. We are well placed to secure the best deals on offer.
Against the background of rising rates, Nationwide is reducing the rates of its two and five year fixed products by 0.10%. The lender's best fixed mortgage deal is a five year product at a rate of 3.89% if you have 30% deposit.
Other fixed rate deals in the market are 3.59% for up to 75% loan to value and as low as 2.64% for two years up to 60% loan to value. The best value will depend on whether you can meet lending criteria and how long you are likely to keep the mortgage. Some products have very high fees that will increase the overall cost if you only keep the loan for a short term.
If you are looking for the best fixed mortgage rate in the market call Deal Direct. We can compare a range of offers to suit your circumstances to get you the best deal available.
