Mortgage News

HSBC offers lowest one year rate in a decade

Sunday 11th of March 2012

It is not only the one year rate which is market leading, the new two and three year rates are the lowest of the major banks at 5.77% fixed for two years, a reduction of 10 basis points and 6.07% fixed for three years, a reduction of 33 basis points.

The four-year rate has dropped by 30 basis points to 6.50% and the five year rate dropped by 30 basis points to 6.90%.