Meanwhile, a 3 basis point rise saw the average rate for a five-year fix move to 5%, while the average rate for a 10-year fix increased by 5 basis points, to 5.02%.

Two-year fixes

The most significant shifts within this fix took place, at 75% LTV, where the average rate went up 5 basis points, to 5.15%, and at 50% LTV, where the average rate increased by 13 basis points, to 4.99%.

At 95% LTV, the average rate moved in the other direction, dropping a single basis point to finish the week at 5.94%.

Three-year fixes

At 65% LTV, the average rate increased by 7 basis points, to 5.12%.

And at 90% LTV, the average rate gained 5 basis points, coming to 5.29%. However, at 95% LTV, the average rate ticked down 2 basis points, to 5.82%.

Five-year fixes

At 50% LTV, the average rate climbed 5 basis points, coming to 5.19%. This category also saw a change at 95% LTV, but breaking rank with this week’s, trend, its average rate increased – by 4 basis points, to 5.32%.

And at 70% LTV, the average rate dropped 2 basis points, to 5.28%.

10-year fixes

The biggest drivers of the rate change at this fix occurred at 60% LTV and 75% LTV, where an 8 basis point increase apiece saw their average rates come to 5.11% and 4.68%, respectively.