Market Average Carded Interest Rates
Fixed Rate 6 months: 5.50%Fixed Rate 1 year: 5.80%
Fixed Rate 2 years: 6.95%
Fixed Rate 3 years: 7.75%
Fixed Rate 4 years: 8.25%
Fixed Rate 5 years: 8.60%
Floating Rate: 5.75%
As I have said for the past few months, in these uncertain times with very little reliable information to go by it is becoming increasingly difficult to read the market and predict what interest rates will do. For the past few months most encomiasts have been leaning towards the floating rate but recently the pendulum has swung back in favour of the two year rate, for more information on interest rates subscribe to this site or check periodically on my Blog section.
Please note that these rates are the average carded rates (the advertised rates) and should only be used as a guide as rates can differ between lenders and often discounted rates are available. Yet another reason to seek advice from a trusted source – why not email me now?
Click here to open another window with further details on the current interest rates available.
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