Two-year fixed mortgage rates soar (Press Association) Rates - TopicsExpress

Two-year fixed mortgage rates soar (Press Association) Rates on two-year fixed mortgage deals are rising at their fastest pace in more than two years, it has been warnedPA People searching for a new mortgage are seeing the rates charged on two-year fixed-rate deals rise at their fastest pace in over two years, a financial website has warned. The hikes mean that someone applying for a two-year fix on April 1 would have typically been offered a rate of 3.52%, but by April 30 this would have jumped to 3.61% on average, according to Moneyfacts.co.uk. Read more here: bit.ly/1kU5KWd

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