Editor's note: This brief was summarised by The Property AI Newsroom from a report by This Is Money Mortgages. Read the original article for full details.
Mortgage Rates Continue Downward Trend, Lowest Now Around 4.2%
Mortgage rates are on a downward path, according to a report by This Is Money Mortgages. The lowest rates have dropped from around 4.8 per cent to around 4.2 per cent over the past couple of months.
This trend may be relevant for UK letting agents and inventory clerks monitoring changes in the mortgage market. The report highlights the recent movement in rates but does not provide further details.
Source: This Is Money Mortgages