The average rate for a five-year fix increased from 2.59% to 2.61% this week, Moneyfacts data shows.

Headline rates elsewhere did not change: the average two-year fix stayed at 2.29%, the average three-year fix at 2.31% and the average 10-year fix at 2.98%.

There was some churn within the fixes though, which are detailed below.

Two-year fixes

There were two significant changes here took place at the higher-LTV end: At 95% LTV, the average rate lost 7 basis points, moving from 3.22% to 3.15% and, at 90% LTV, the average rate fell 7 basis points as well, finishing the week at 2.48%.

Three-year fixes

There were zero changes of any note within this fix, Moneyfacts reports.

Five-year fixes

At 95% LTV, the average rate dropped 5 basis points, to 3.45% and, at 90% LTV, the average rate dropped 6 basis points, moving to 2.96%.

There were large moves in the opposite direction elsewhere. At 65% LTV, the average rate increased by 7 basis points, to 2.82%, and at 60% LTV, a 10 basis point move upwards saw the average rate come to 1.82%.

Meanwhile, the average rate flew up by 32 basis points at 50% LTV, taking the average rate from 2.21% to 2.53%.

10-year fixes

Here too there was no change big enough to register.

Moneyfacts finance expert Eleanor Williams comments: “After a quieter beginning, there was an increase in the level of residential mortgage re-pricing towards the end of this week.

“Various providers continued the trend of recent weeks and featured rate increases in their latest updates; NatWest applied rises of up to 0.28% across selected fixed products, while Coventry Building Society increased various fixed rates by up to 0.34%. Digital Mortgages by Atom Bank also increased some of its fixed rates by up to 0.45%.

“Balancing both rate increases and decreases were Cumberland Building Society, which put various product rates up by up to 0.79% while reducing other deals by up to a notable 1.21%. From TSB we saw selected rates increase up to 0.45% as well as the withdrawal of variable tracker deals, but also rate reductions of 0.20% on two- and five-year fixed rates at 95% LTV.

“Both Yorkshire Building Society and Nationwide Building Society returned tracker products to their ranges this week, with Yorkshire Building Society also reducing selected fixed rates by up to 0.19%.

“Rate cuts were also made by Accord Mortgages of up to 0.60% and Chelsea Building Society, which reduced some products by as much as 0.73%.”