A number of high street banks have made changes to their fixed rate mortgages over the past seven days. It comes after Moneyfacts’ data recorded a recent drop in mortgage availability, with over 7% of the market withdrawn in the week leading to the end of May.
All fixed rates increased this week, with the price for a three-year fix gaining the most, shows data from Moneyfacts. The average rate for a two-year fix flicked up 8 basis points, to 4.17%, with the aforementioned three-year fix climbing 23 basis points, bringing its average rate to 4.78%. Meanwhile, the average