🏡 Mortgage rates are beginning to ease, with sub-4% deals reappearing on the market.
📉 The average two-year fixed mortgage rate is 4.54%, down from 4.66% at the end of February.
📉 The average five-year fix is now 4.32%, down from 4.39%.
💸 Many banks and building societies have trimmed rates as expectations of further cuts build.
🏦 The Bank Rate has been cut to 4.25% this month, following a hold in March.
🌎 The IMF now forecasts three cuts this year, up from two, as broader US tariffs shift global sentiment, despite inflation remaining elevated.
📊 Source: Dataloft by PriceHubble, Bank of England as of 31 March 25 (75% LTV), IMF
📌 Could this be the right time to review your mortgage options? 💡
