To 60% LTV the lowest 2-year fix increased by 0.10% from 1.05% in August to 1.15% November, while the lowest 60% 5-year fix also rose from 0.99% to 1.09% over the same period.
The lowest 90% LTV 2-year fix fell by 0.17% from 2.45% in August to 2.28% while the lowest 90% LTV 5-year fix rose by 0.10% over the period.
On a long-term basis trends are far easier to read with the lowest rates falling, as the lowest 2-year tracker has fallen from 2.49% in November last year to 1.99%.
Mark Lofthouse, chief executive of Mortgage Brain, said: “While interest rates have fluctuated over the past three months – bringing a mix of good news and bad news for borrowers – the longer-term analysis is still very favourable with the majority of products benefiting from significant rate drops over the past 12 months."
