Rightmove’s weekly mortgage tracker
Headlines
- The average 5-year fixed mortgage rate is now 4.66%, down from 5.33% a year ago
- The average 2-year fixed mortgage rate is now 4.92%, down from 5.76% a year ago
- The average 85% LTV 5-year fixed mortgage rate is now 4.69%, down from 5.40% a year ago
- The average 60% LTV 5-year fixed mortgage rate is now 4.05%, down from 4.91% a year ago
- The average monthly mortgage payment on a typical first-time buyer type property when taking out an average five-year fixed, 85% LTV mortgage, is now £1,093 per month, down from £1,159 per month a year ago
Latest rates data
Average fixed-term mortgage rates for home-buyers with 5-10% deposits
| Loan to Value (LTV) | Term | Average rate 30 Oct 2024 |
Average rate 06 Nov 2024 |
Weekly Change |
| 95% | 2-year fixed | 5.56% | 5.55% | -0.01% |
| 95% | 5-year fixed | 5.23% | 5.21% | -0.02% |
| 90% | 2-year fixed | 5.35% | 5.33% | -0.02% |
| 90% | 5-year fixed | 4.89% | 4.89% | +0.00% |
Average fixed-term mortgage rates for home-buyers with 15-25% deposits
| Loan to Value (LTV) | Term | Average rate 30 Oct 2024 |
Average rate 06 Nov 2024 |
Weekly Change |
| 85% | 2-year fixed | 4.93% | 4.94% | +0.01% |
| 85% | 5-year fixed | 4.66% | 4.69% | +0.03% |
| 75% | 2-year fixed | 4.69% | 4.68% | -0.01% |
| 75% | 5-year fixed | 4.45% | 4.47% | +0.02% |
Average fixed-term mortgage rates for home-buyers with 40% deposits
| Loan to Value (LTV) | Term | Average rate 30 Oct 2024 |
Average rate 06 Nov 2024 |
Weekly Change |
| 60% | 2-year fixed | 4.17% | 4.15% | -0.02% |
| 60% | 5-year fixed | 4.04% | 4.05% | +0.01% |
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