Here was scarcely any movement in the average cost of fixed rate deals over the past week, data from Moneyfacts shows.
The comparison site’s figures reveal that for two, three and 10-year fixed rates, there was no change to rates when averaged across all LTV tiers.
Only five-year fixed rates saw a single basis point drop from 2.74 to 2.73 per cent.
Two-year fixes
The average two-year fixed across all LTV tiers remained static at 2.43 per cent week on week.
At 95 and 90 per cent LTV the average two-year fixed held steady at 3.26 and 2.56 per cent respectively,
There was no movement at 85 per cent LTV rates where rates held at 2.49 per cent, while at 80 per cent LTV they shed 1 basis point to 2.4 per cent.
At 75 per cent LTV rates reversed last week’s small increase, dropping back again from 2.3 to 2.29 per cent, but at 70 per cent they were unmoved at 2.52 per cent.
There was no change at 65, 60 or 50 per cent LTV where rates remained at 1.98, 1.8 and 2.19 per cent respectively.
Three-year fixes
The average three-year fixed across all LTV tiers remained at 2.52 per cent.
At 95 and 90 per cent LTV they stayed flat at 2.51 per cent and 2.77 per cent respectively.
Rates at 85 per cent LTV climbed 2bps to 2.35 per cent and at 80 per cent LTV they ticked down by 1bp to 2.39 per cent.
At 75, 70 per cent and 65 per cent LTV rates were flat at 2.06, 2.4 and 1.7 per cent.
At 60 per cent LTV rates held at 2.14 per cent and at 50 per cent LTV they remained at 3.45 per cent
Five-year fixes
For five-year fixes, the average across all LTVs dipped by 1bp to 2.73 per cent.
At 95 and 90 per cent LTV rates were flat at 3.57 and 2.91 per cent.
At 85 per cent LTV rates were down 1bp to 2.8 per cent, but there was no change at 80 or 75 per cent LTV where rates remained at 2.71 and 2.57 per cent respectively.
At 70 per cent LTV rates edged down 2 bps to 2.87 per cent but at 65 per cent LTV there was no change at 2.24 per cent.
At 60 per cent LTV rates came down 1bp to 2.11 per cent.
The biggest change was in the 50 per cent LTV tier where rates climbed by 6 basis points to 2.54 per cent.
Ten-year fixes
The average 10-year fixed across all LTV tiers remained at 2.71 per cent.
At 95 per cent LTV rates held at 4.09 per cent and at 90 per cent LTV they remained at 3.08 per cent.
At 85, 80, 75, 70, 60 and 50 per cent LTV there was no change.
Only at 65 per cent LTV was there a slight reduction from 2.31 to 2.28 per cent.
Moneyfacts finance expert Eleanor Williams says: “Outside of the numerous tracker rate reductions coming off the back of the surprise base rate cut on Wednesday, there have been a couple of noteworthy changes this week.
“HSBC has made increases of up to 10 basis points on a selection of its two, three and five-year fixed rate deals.
“Hanley Economic Building Society has also launched a couple of new products which includes a fixed rate of 2.85 per cent to 29.6.22 at 95 per cent loan-to-value, which has a low fee and incentive package which may be appealing to first-time buyers looking to keep their costs down.
“Another building society to make changes was Leeds Building Society who has balanced a mix of rate reductions and increases across selected deals in its range.”
She adds: “It will be very interesting to see the impact of the 0.5 percentage point bank base rate cut in the mortgage market over the next few weeks and how much of this is passed on to consumers.
“If a customer is sitting on a tracker or variable rate mortgage, now may be a good time for them to assess their options and ensure they are on the best possible deal for their circumstances.”