More rate cuts are being announced by lenders all the time as they vie for business and anticipate the Bank of...
Archive
![Boom for low deposit mortgages as shelf-lives increase - Moneyfacts](/upload/images/3%20shutterstock_1487630333.jpg)
The availability of deals at 95% loan-to-value has risen to its highest point in over two years. Overall, it was the fifth...
10 July 2024
From: Breaking News
![Big banks drop rates and likely to trigger copycat cuts](/upload/images/Shutterstock-only%20images/Property%20Market/3-MortgageRates1.png)
HSBC has made extensive cuts to rates levied on a vast range of residential and buy to let mortgages, coming into...
26 June 2024
From: Breaking News
![Mortgage Shelf Life Halved in just One Month - new figures](/upload/images/240612%20%2001.jpg)
oneyfacts data reveals the average shelf-life of a mortgage has dropped to 15 days, down from 28 days a month prior. Month-on-month...
12 June 2024
From: Breaking News
![Call for review of mortgage affordability criteria by new government](/upload/images/24%2006%2005%20%2002.jpg)
Rightmove says there should be a review of mortgage affordability criteria undertaken by the next government. The portal’s mortgages expert Matt Smith...
05 June 2024
From: Breaking News
![Mortgage product choices boom with some at 16-year high](/upload/images/24%2005%2020%20%2003.jpg)
Independent mortgage monitor service Moneyfacts says rises to average two- and five-year fixed mortgage rates have gained pace month-on-month. The overall five-year...
20 May 2024
From: Breaking News
![Landbay cuts stress testing requirements on like-for-like remortgages](/upload/images/24%2005%2015%20%2003.jpg)
Buy to let lender Landbay has enhanced its like-for-like remortgage range with new lower stress testing, alongside new rate reductions. For landlords...
15 May 2024
From: Breaking News
![Interest Rate impact on Mortgages - a six month analysis](/upload/images/24%2005%2013%20%2003.jpg)
Interest rates for borrowers have shown mixed signs of both rises and falls over the past six months. Moneyfactscompare has analysed...
13 May 2024
From: Breaking News
![High Street lenders: Most hike rates, one reduces them](/upload/images/24%2005%2009%20%2001.jpg)
HSBC has made a slew of changes and increases to its residential and buy to let mortgage products. The bank is introducing...
09 May 2024
From: Breaking News
![Building Societies target first time buyers with affordability issues](/upload/images/24%2005%2009%20%2002.jpg)
Research from independent mortgage monitor Moneyfactscompare suggests that building societies are working hard to support first-time buyers, for whom affordability has...
09 May 2024
From: Breaking News
![Popular lenders change rates and products for landlords](/upload/images/24%2004%2029%20%2002.jpg)
Keystone Property Finance has expanded its services by introducing further advances for landlords undergoing product transfers. As part of Keystone’s PT Plus...
29 April 2024
From: Breaking News
![Buy to let mortgage changes across wide range of products](/upload/images/240422%20%2003.jpg)
There’s been a bevvy of buy to let mortgage deal changes this week. Shawbrook has made a series of reductions across its...
22 April 2024
From: Breaking News
![Buy To Let Crisis - lending plummets and arrears soar](/upload/images/24%2004%2008%20%2001.jpg)
There’s been a huge rise in the number of buy to let property repossessions in the first quarter of 2024 compared...
08 April 2024
From: Breaking News
![Kent Reliance for Intermediaries’ new resi ranges and reduced rates](/upload/images/240325%20%2004.jpg)
Kent Reliance for Intermediaries - part of the OSB Group - has refreshed products across their residential, buy to let, and...
25 March 2024
From: Breaking News
![Mortgage shelf-life plummets and lenders hike rate](/upload/images/24%2003%2018%20%2002.jpg)
The average shelf-life of a mortgage product is just 15 days, with lenders increasing fixed rates, says Moneyfacts. Average mortgage rates on...
18 March 2024
From: Breaking News
![Many landlords to end fixed-rate deals soon, says lender](/upload/images/24%2003%2018%20%2005.jpg)
Some 40% of residential landlords with a mortgage - fixed, tracker or discount - are due to renew their mortgage rate...
18 March 2024
From: Breaking News
![Kensington reduces rates and fees on selected products](/upload/images/240313%2002.jpg)
Kensington Mortgages has lowered rates and reduced arrangement fees across selected 90 and 95 per cent Loan To Value products. For its...
13 March 2024
From: Breaking News
![Budget Day - Rightmove pours cold water on 99% mortgage idea](/upload/images/24%2003%2006%20%2001.jpg)
Rightmove says the housing market needs a more innovative mortgage initiative than the 99 per cent idea floated by the government. The...
06 March 2024
From: Breaking News
![BTL fixed rates plummet as product choice rises again](/upload/images/24%2003%2004%20%2003.jpg)
The buy to let mortgage sector has seen fixed rates fall to their lowest point since September 2022, according to analysis...
04 March 2024
From: Breaking News
![NatWest rates up and plenty of others to follow - warning](/upload/images/24%2002%2019%20%2001.jpg)
NatWest has made changes to its product ranges for both new business and existing customers. New borrowers can expect a rate increase...
19 February 2024
From: Breaking News
![Two year fixes fall by fastest rate since 2022 - Moneyfacts](/upload/images/24%2002%2019%20%2003.jpg)
Average mortgage rates on the overall two- and five-year fixed rate deals have now been falling for six consecutive months. The overall...
19 February 2024
From: Breaking News
![Nationwide’s shock rate rise may not be the only one - warning](/upload/images/24%2002%2005%2001.jpg)
At the middle of last week Nationwide slashed its rates to the most competitive of all in the current lenders price...
05 February 2024
From: Breaking News
![First Time Buyers may get 25 year fixed term mortgages under Labour](/upload/images/24%2001%2022%2003.jpg)
Shadow Chancellor Rachel Reeves says first time buyers could benefit from a "revolution in home ownership" with 25-year fixed-rate mortgages. Reeves says...
22 January 2024
From: Breaking News
![Swap Rate falls trigger speculation of early 2024 rate cut](/upload/images/23%2012%2027%201.jpg)
Falling swap rates - already falling over the past month - have dropped further following better-than-expected inflation news, triggering speculation over...
27 December 2023
From: Breaking News
![Building Societies warn on mortgages: “We’re not out of the woods yet”](/upload/images/23%2012%2027%203.jpg)
A warning has been given to borrowers and the home owning public by Paul Broadhead, head of mortgage and housing policy...
27 December 2023
From: Breaking News
![Landlords to expand portfolios in 2024 despite huge increase in costs](/upload/images/23%2012%2018%205.jpg)
Many landlords say they’re set to expand investments in 2024 despite facing up to 80 per cent higher costs in the...
18 December 2023
From: Breaking News
![Halifax Heads Cluster of Lenders Scrambling for Business](/upload/images/__thumbs/23%2010%2023%2001.jpg/23%2010%2023%2001__400x300.jpg)
A host of lenders have announced cuts to their rates in recent days, with Halifax arguably the most significant. It’s launched three-year...
23 October 2023
From: Breaking News
![Mortgage Defaults Rising - and there’s likely to be worse to come](/upload/images/__thumbs/23%2010%2016%2002.jpg/23%2010%2016%2002__399x266.jpg)
Analysts suggest that mortgage lending is likely to fall over the rest of 2023 with both demand and supply dropping thanks...
16 October 2023
From: Breaking News
![Boom! Big increase in mortgage choice for investor borrowers](/upload/images/__thumbs/23%2010%2016%2003.jpg/23%2010%2016%2003__400x254.jpg)
The buy-to-let sector has seen fixed rates fall and product choice grow month-on-month, according to the latest analysis by Moneyfactscompare. Overall buy-to-let...
16 October 2023
From: Breaking News
![Is The Mortgage Price War Really Over?](/upload/images/__thumbs/23%2010%2009%2003%20by%20Graham%20Norwood.jpg/23%2010%2009%2003%20by%20Graham%20Norwood__399x266.jpg)
Is the mortgage price war really over? On the one hand there are good signs for the housing market - no substantial...
09 October 2023
From: Breaking News
![Average rate on five-year fixed deal is sub-6% for first time in months](/upload/images/Shutterstock-only%20images/Property%20Market/MortgageRates1_400x310.png)
The interest rate on the average five-year fixed mortgage has dropped below 6.0 per cent for the first time in nearly...
02 October 2023
From: Breaking News
![Huge Increase in Three Year Fixed Mortgage Products](/upload/images/Shutterstock-only%20images/Property%20Market/2_MortgageCalculated.png)
The number of three-year fixed mortgage products available from lenders has been rising over the last few months as borrowers coming...
02 October 2023
From: Breaking News
![Six Weeks of Rate Cuts - and strong hopes of more to come soon](/upload/images/__thumbs/23%2009%2011%201.jpg/23%2009%2011%201__400x267.jpg)
After six consecutive weeks of mortgage rate reductions - and the expectation of more soon - there are hopes of sub-5.0...
11 September 2023
From: Breaking News
![It’s War! Lenders Battle for Market Share](/upload/images/23%2008%2028%201%20It%E2%80%99s%20War!%20Lenders%20Battle%20for%20Market%20Share%20%20.png)
There’s been a flurry of rate cuts from lenders serving all sector of the market as a battle begins for market...
28 August 2023
From: Breaking News
![Borrowers switch to lump-sum repayments and fixed rate products](/upload/images/23%2008%2023%201%20%20Compliance-2-400x310.png)
UK mortgage customers are turning to fixed rates and lump-sum payments as interest rates rise, according to new research by Butterfield...
23 August 2023
From: Breaking News
![New Products To Woo Investors Were Created After Broker Feedback](/upload/images/23%2008%2016%20%202.png)
High profile specialist lender Shawbrook has unveiled two new mortgage products for its Buy to Let, Commercial and Semi-Commercial ranges. The offerings...
16 August 2023
From: Breaking News
![Brokers warn on growing housing market crash fears](/upload/images/1%20HouseMarketConfusion-400x310.png)
The latest house price index - this one from the Halifax - has triggered a huge wave of concern about the...
11 July 2023
From: Breaking News
![UK Finance reminds lending sector of obligations](/upload/images/4%20BalancingPercentages-400x310.png)
Trade body UK Finance has issued a timely reminder to the mortgage lending sector of its obligations to borrowers struggling following...
27 June 2023
From: Breaking News
![MPowered Mortgages cuts rates](/upload/images/Shutterstock-only%20images/Property%20Market/MPowered%20Mortgages%20cuts%20rates%20MortgageRatesdecrease_400x310.png)
MPowered Mortgages, the fintech mortgage lender using AI to speed up and simplify the mortgage journey for homebuyers and re-mortgagers, has...
14 February 2023
From: Breaking News
![Finance expert offers spoonful of sugar to mortgage holders](/upload/images/Finance%20expert%20offers%20intro%20team%20Adrian%20Anderson%20-%20Anderson%20Harris.jpg)
Mortgage holders swallowed another bitter pill last week when the Bank of England raised interest rates for the tenth consecutive time. The...
07 February 2023
From: Breaking News
![What is the Bank of England cooking up and what will it taste like?](/upload/images/Shutterstock-only%20images/Property%20Market/BankofEngland_2-400x310.png)
The Monetary Policy Committee of the Bank of England meets on Thursday with the market expecting them to announce 0.5% raise...
31 January 2023
From: Breaking News
![Homebuyers more buoyant than expected, says Rose Capital](/upload/images/__thumbs/Richard%20Campo.png/Richard%20Campo__320x320.png)
Homebuyer confidence is higher than was expected at the end of 2022, according to a leading mortgage broker. Richard Campo, founder of...
31 January 2023
From: Breaking News
![Mortgage crisis – 90% of arts and culture employees can’t remortgage](/upload/images/Shutterstock-only%20images/Property%20Market/MortgageApplication_400x310.png)
Mortgage rates in the UK have risen significantly during 2022, which appears to have proven an issue for homeowners hoping to switch...
01 November 2022
From: Breaking News
![Brokers urged to offer new alternatives to best support clients](/upload/images/Rental%20Market/TenantsLandlordTalking-400x310.png)
With a raft of new schemes coming to market ahead of the end of Help to Buy, questions are being asked...
14 July 2022
From: Breaking News
![Moving in a positive direction – expert reacts to interest rate rise](/upload/images/Housing%20Market%20%26%20Property%20Images/House-Percentage-MortgageRates-400x310.jpg)
Last week (June 16), the Bank of England increased the base rate by 0.25%, up from 1.00% to 1.25%. In response, Moneyfacts.co.uk...
21 June 2022
From: Breaking News
![Mortgage roundup – enhancing the homebuying journey](/upload/images/Site%20logos/MortgageRoundup-400x310.png)
This week’s mortgage roundup is all about simplifying the homebuying journey, with a new partnership formed to streamline the buying process and...
24 February 2022
From: Breaking News
![2022 and the future of the housing market](/upload/images/library/UK-Housing-1-400x310.jpg)
2021 proved to be one of the most hectic years to buy and sell a home. We witnessed prices soaring to...
13 January 2022
From: Breaking News
![Homeowners – five cost-cutting steps for mortgage repayments](/upload/images/library/MillennialPayingLaptop-400x310.jpg)
Nisha Vaidya, mortgage expert at Uswitch, explains how homeowners can use low-interest rates to their advantage and help make their mortgage more...
28 October 2021
From: Breaking News
![Mortgage Magic unveils new app for subscribers](/upload/images/library/ImagesSmartphone-400x310.jpg)
Mortgage Magic, the provider of one of the UK’s most advanced CRM and mortgage management platforms, has launched an app that...
27 August 2021
From: Breaking News
![Mortgage roundup – exclusive products, lower rates and increased LTVs](/img/default/it.png)
LiveMore has announced a reduction of its standard fixed rates from five-year up to lifetime. Launched last week, the seven, 10 and...
15 April 2021
From: Breaking News
![Mortgage roundup – five-year fixed products prove popular](/img/default/it.png)
The Nottingham has rolled out a new five-year fixed product as an option for people looking to remortgage in light of...
18 February 2021
From: Breaking News
![Landbay increases buy-to-let LTVs to 80%](/img/default/it.png)
Landbay has increased its loan-to-value (LTV) from 75% to 80% and announced two new buy-to-let products. Both products are available on two...
15 December 2020
From: Breaking News
![Furness for Intermediaries cuts rates for first-time buyers](/img/default/it.png)
Furness for Intermediaries has made reductions across its 95% product range. This includes the two-year fixed rate products, which now start from...
09 October 2019
From: Breaking News
![Cogress launches Innovative Finance ISA](/img/default/it.png)
Property investment company Cogress has launched its Innovative Finance ISA (‘IFISA’) in a move to diversify IFISA-eligible bonds. With a minimum investment...
09 August 2019
From: Breaking News
![Paragon Bank launches postal applications for savers](/img/default/it.png)
Paragon Bank has improved the way customers can apply for its saving range by introducing a postal application process for selected...
02 August 2019
From: Breaking News
![Leek United launches fixed rate mortgages with interest only options](/img/default/it.png)
Leek United has launched a new suite of mortgages including fixed rates with interest only, cashback and no fees options. Its new...
07 February 2019
From: Breaking News
![TBMC adds Family Building Society to its buy-to-let lending panel](/img/default/it.png)
Buy-to-let specialist TBMC has been added to the Family Building Society specialist packager panel. The firm will offer a range of buy-to-let...
24 December 2018
From: Breaking News
![Larger deposit borrowers see market share squeezed](/img/default/it.png)
First-time buyers and others with small deposits took a greater share of the market last month than in August, according to...
17 October 2018
From: Breaking News
![One in three homeowners unaware of their mortgage rate](/img/default/it.png)
As many as one in three UK homeowners don’t know what mortgage rate they are on, potentially costing them thousands of...
17 October 2018
From: Breaking News
![Pepper Money launches zero completion fee limited edition product](/img/default/it.png)
Pepper Money has launched a residential and buy-to-let (BTL) zero completion fee limited edition product. For those who haven’t had a county...
16 August 2018
From: Breaking News
![3mc partners with Precise Mortgages to offer Help to Buy exclusives](/img/default/it.png)
Mortgage distributor 3mc has launched a range of exclusive Help to Buy products in partnership with Precise Mortgages. As a result,...
29 June 2018
From: Breaking News
![Specialist lender extends borrowing limits across its BTL range](/img/default/it.png)
Foundation Home Loans has extended its borrowing limit and reduced rates across its buy-to-let range. This includes products for limited companies...
27 June 2018
From: Breaking News
![Specialist lender launches limited edition buy-to-let range](/img/default/it.png)
A new 5-year fixed-rate buy-to-let range with reduced rates and product fees to support brokers and customers has been launched by...
21 June 2018
From: Breaking News
![95% LTV Second Charge Mortgages, NO ERC’s and Fixed Rates starting from 3.65%](/img/default/it.png)
Historically second charge mortgages or secured loans as they are also known were seen as a last chance option for a...
13 June 2018
From: Sponsored Content
![Five-year fixed buy-to-let mortgage rates still falling](/img/default/it.png)
The average cost of five-year fixed rate buy-to-let (BTL) mortgage products declined in the first quarter of 2018 despite the steady...
24 May 2018
From: Breaking News
![Landlords opt for five-year deals after PRA changes](/img/default/it.png)
Landlords have increasingly been switching to five-year fixed rate products over the past two years, new data from Commercial Trust Limited...
10 May 2018
From: Breaking News
![Legal & General and Shawbrook team up for new product launch](/img/default/it.png)
Legal & General Mortgage Club has added two Shawbrook Bank products to its lending panel. The products cater for second charge and...
21 December 2017
From: Breaking News
![LSL Group and Leeds Building Society unite to launch exclusive BTL products](/img/default/it.png)
LSL Group has announced two exclusive five-year fixed rate products with Leeds Building Society. The buy-to-let products – with rates of 2.94%...
05 December 2017
From: Breaking News
![Kensington Mortgages cuts rates across several ranges](/img/default/it.png)
Kensington Mortgages has cut its residential range rates by up to 0.40% and selected buy-to-let products by up to 0.20%. Its select...
07 November 2017
From: Breaking News
![Hesitant borrowers turn to fixed rate mortgages](/img/default/it.png)
Yorkshire Building Society has seen a surge in fixed rate mortgage applications from borrowers ahead of a potential Bank of England...
31 October 2017
From: Breaking News
![Accord launches lowest-ever 80% LTV two-year fix](/img/default/it.png)
Accord Mortgages is offering its lowest ever two-year fixed rate at 80% loan-to-value (LTV) with a 0.99% two-year fixed rate mortgage...
25 September 2017
From: Breaking News
![TMA Mortgage Club and Skipton Building Society launch fixed rate BTL product](/img/default/it.png)
TMA Mortgage Club (TMA) has announced a two-year fixed rate of 2.49%, which will be available to appointed representatives of the...
18 September 2017
From: Breaking News
![Bluestone appoints new sales director following ongoing expansion](/img/default/it.png)
Specialist lender Bluestone Mortgages has announced the appointment of Steve Seal as director of sales and distribution as part of its...
13 September 2017
From: Breaking News
![New Street Mortgages launches new rates and free valuations](/img/default/it.png)
New Street Mortgages has announced an update to its buy-to-let range with numerous changes. The Northview Group lender has upgraded its five-year...
21 August 2017
From: Breaking News
![Pepper cuts down rates on residential and buy-to-let ranges](/img/default/it.png)
Specialist lender, Pepper Homeloans, has cut interest rates across both its residential and buy-to-let mortgage ranges by up to 0.70%. All five-year...
09 August 2017
From: Breaking News
![Accord reduces rates on residential mortgages](/img/default/it.png)
Accord Mortgages has now added more choice to its product range by reducing rates at most LTVs and offering a new...
07 August 2017
From: Breaking News
![Mortgage Advice Bureau has been added to the Mortgage Lender panel](/img/default/it.png)
Mortgage Advice Bureau (MAB) has become the latest network to be added to the Mortgage Lender’s distribution panel. Brian Murphy, head of...
04 August 2017
From: Breaking News
![Wholesale changes made to New Street Mortgages buy-to-let range](/img/default/it.png)
Comprehensive changes have been carried out by New Street Mortgages to its buy-to-let proposition. The changes, which go live today (28 March),...
28 March 2017
From: Breaking News
![Residential mortgage range enhanced by Pepper Homeloans](/img/default/it.png)
Specialist lender Pepper Homeloans has enhanced its entire range of residential mortgage products. It's done so by slashing most of its...
08 February 2017
From: Breaking News
![Saffron announces new fixed rates for owners and FTBs](/img/default/it.png)
Saffron For Intermediaries, part of Saffron Building Society, has announced the launch of three new fixed rate deals for homeowners and...
19 October 2016
From: Breaking News
![Nationwide cuts selected fixed and tracker rates](/img/default/it.png)
Nationwide is reducing selected fixed rate and tracker mortgages by up to 0.25%. It will cut fixed rates up to 75% LTV...
02 June 2016
From: Breaking News
![Nine out of 10 opt for fixed rates](/img/default/it.png)
Nine out 10 borrowers are opting to fix their mortgages despite little sign of forthcoming base rate hike. Historically low mortgage interest...
26 May 2016
From: Breaking News
![Skipton cuts residential fixed rates](/img/default/it.png)
Skipton Building Society has launched a revised range of two and five-year fixed rate residential mortgages with rates lowered by up...
20 May 2016
From: Breaking News
![Kensington cuts prices across buy-to-let range](/img/default/it.png)
Kensington Mortgages has cut prices across its range of buy-to-let mortgages. It is reducing rates on products carrying a percentage fee by 25 basis...
16 May 2016
From: Breaking News
![Nationwide cuts fixed rates on high-LTV loans](/img/default/it.png)
Nationwide has announced that it is cutting fixed rates on smaller deposit mortgages. The building society is reducing selected fixed rate mortgages...
10 May 2016
From: Breaking News
![Mortgage products fly to record high](/img/default/it.png)
Brokers have more choice than ever before with the number of mortgage products hitting an all-time high in March. However, new mortgage application...
28 April 2016
From: Breaking News
![Buy-to-let lenders slash mortgage rates](/img/default/it.png)
Buy-to-let lenders continue to slash their mortgage rates helping landlords offset Chancellor George Osborne's tax crackdown on property investing. The average two-year...
12 April 2016
From: Breaking News
![Mortgage rates hit fresh lows as rate hike recedes](/img/default/it.png)
Mortgage rates have fallen to record lows as the prospect of an interest rate hike retreats and product choice continues to...
31 March 2016
From: Breaking News
![Paragon refreshes buy-to-let range](/img/default/it.png)
Paragon Mortgages has refreshed its range of buy-to-let products catering for individual landlords and limited companies. Its full product range includes trackers...
16 March 2016
From: Breaking News
![Coventry and Co-operative unveil new rates](/img/default/it.png)
Coventry Building Society and The Co-operative Bank have both launched competitive new mortgage deals. Coventry has reduced the rate on its residential and...
25 January 2016
From: Breaking News
![Newcastle launches two buy-to-let fixes](/img/default/it.png)
Newcastle Intermediaries (NI) has updated its buy-to-let mortgage range by unveiling two new fixed rates. The two-year fixed rate product charges 2.59% (APR...
25 January 2016
From: Breaking News
![Barclays announces string of rate cuts](/img/default/it.png)
Barclays has unveiled a selection of new residential mortgage products and reduced rates on a further 13 mortgage products. It said the...
19 January 2016
From: Breaking News
![Nationwide cuts 95% LTV mortgage rates](/img/default/it.png)
Nationwide is cutting selected deals by up to 0.40% across its range of 95% LTV fixed rate mortgages from today. Its two-year 95%...
06 January 2016
From: Breaking News
![Platform slashes 90% LTV rates and unveils new fixes](/img/default/it.png)
Platform has reduced rates by up to 0.20% on 90% LTV mortgages and launched a range of new three-year fixes. Its two-year...
21 December 2015
From: Breaking News
![Barclays unveils string of new fixed rates](/img/default/it.png)
Barclays is overhauling its fixed-rate mortgage range from today and will introduce a number of rate cuts. The bank claims it will be...
15 December 2015
From: Breaking News
![Paragon launches buy-to-let “winter range”](/img/default/it.png)
Paragon Mortgages is targeting professional landlords with its new "winter range" of buy-to-let mortgages. The range includes 22 new products designed for...
15 December 2015
From: Breaking News
![Lowest ever intermediary fix launched](/img/default/it.png)
Platform has launched the lowest ever two-year fixed-rate at 90% LTV for intermediaries. The two-year deal is for house purchases and charges 2.24%...
02 December 2015
From: Breaking News
![Now Accord and Coventry both cut rates](/img/default/it.png)
Broker-only lender Accord and Coventry for Intermediaries are the latest to cut mortgage rates as the lender price war continues. Accord is...
05 November 2015
From: Breaking News
![Buy-to-let investors fixing for longer](/img/default/it.png)
There has been a sharp decline in the number of buy-to-let investors taking out two-year fixed rates. Two-year fixed rates made up...