The rates for the mortgage products fixed term again fell this week with new sub 4% deals introduced on the market, according to MoneyFacts.
Despite the cutbacks, the average rates on two and five-year fixes remained unchanged week on week.
The total average rate for two years of fixes was 5.39% this week, consistent with last week, with 0.05% of a week earlier.
Five -year solutions were also unchanged and remained at 5.22% after a decrease of 0.04% per week earlier.
Three -year solutions fell slightly this week, with 0.01% from last Friday to 5.26% on average today.
Among the High Street money -reachers to reduce selected products with a fixed rate, HSBC, which lowered prices to 0.20%, were TSB with drops to 0.15%and virgin money, up to 0.10%.
Construction associations have also made a few tariff movements this week. With rural falling rates up to 0.25%, West Brom Building Society with a maximum of 0.26%. Skipton Building Society with a maximum of 0.26%, Hanley Economic Building Society with a maximum of 0.12%, Loughborough Building Society with a maximum of 0.60%, Tipton & Coseley Building Society with a maximum of 0.25%and principality Building Society.
Saffron Building Society, on the other hand, increased part of the owner’s occupation agreements by a maximum of 0.10%
Further money lenders who moved to lower the rates were Gatehouse Bank with a maximum of 0.25%, Kensington with a maximum of 0.50%, Bluestone hypotheken up to 0.15%and Gen H with a maximum of 0.05%, although they also increased an increase in a maximum of 0.15%fixed Taria for intermedative.
Finally, Reliance launched some new Limited Edition fixed rate deals.
Moneyfacts Finance expert Rachel Springall says: “Loers can like to see fixed mortgage interest reductions still dominate the tariff movements this week.
“Nationwide has made cuts to join the handful of lenders with a sub 4% fixed mortgage, which is encouraging for those who want to refinance this year and are concerned about the direction of interest rates.
“The exchange rates of two and five years have calmed down somewhat this week, but floating very closely at their 30-day rolling highlights, so it will be interesting to see their direction in the coming weeks. Lenders follow meticulous Swap rates to set their fixed mortgage interest rate, so if they fall, borrowers will probably see more appetite for tariff reductions. “