Mortgage Price War Looms
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mortgage price warTelegraph
•Business
Business & Economics
Lenders to launch mortgage price war ‘within days’

77% Informative
Interest rate swaps used to price fixed-rate mortgages have dropped substantially.
Two-year swaps, which are more closely linked to near-term interest rate expectations, fell as low as 3.64pc on Monday .
This is down from above 4pc before Liz Truss ’s mini-Budget speech on April 2 .
Mortgage brokers said sub-4pc rates for buyers with large deposits could soon become norm.
Coventry Building Society announced mortgage cuts over the weekend .
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