The figures show that the average rate for a borrower with a 25% deposit was 6.6% in June, up from 6.26% in May. This was the highest average rate for fixed rates since February 2000.
However, lenders are bringing their rates down, albeit by small amounts. Nationwide, Halifax, Abbey and other providers have all cut their rates in recent weeks. The average two-year fix, with a 25% deposit, is now around 6.5% - up from 5.74% in February.
