This week saw rate rises again across all fixes bar the 10-year variety, shows data from Moneyfacts.

The average rate for the two- and three-year fixes rose 4 basis points each, to 4.03% and 4.46%, respectively, and the average rate for a five-year fix increased by 5 basis points to 4.19%.

As it did last week, the 10-year fix failed to move during the week, remaining at 4.19%.

Two-year fixes

Rises were prominent throughout this fix this week, with the main points of interest being at 95% LTV, where the average rate rose 5 basis points to 4.31% and at 70% LTV, where a 14 basis point increase took the average rate to 4.27%.

At 50% LTV, meanwhile, the average rate tumbled by 26 basis points, taking the price to 3.97%.

Three-year fixes

There was a similar trend at this fix: the average rate for a 95% LTV mortgage moved up by 5 basis points, to 4.19%, as did the average rate at 90% LTV, which ended the week at 4.20%.

And at 70% LTV, the average rate fell 10 basis points, coming to 5.25%.

Five-year fixes

At 90% LTV, the average rate ticked up 6 basis points, which took it to 4.14%. The biggest change was at 70% LTV though, where the average rate rose 12 basis points, to 4.40%.

There was a singular fall here too this week – at 50% LTV, where a 2 basis point fall left the average rate at 3.94%.

10-year fixes

Despite the headline rate not moving, there was some movement. At 85% LTV, the average rate moved up by 5 basis points, to 4.22% and, at 75% LTV, the average rate moved in the opposite direction, going down 3 basis points, to 3.95%.

Moneyfacts finance expert Rachel Springall says: “We have seen a flurry of mortgage changes this week as lenders continue to review their pricing, with some withdrawing their ranges entirely (Co-op, Platform, Suffolk Building Society).

“The variance of changes has resulted in the average two-year fixed mortgage rate rising since last week, which has today breached 4%, the first time since February 2013 on Moneyfacts records. Interest rate rises should encourage potential borrowers to seek advice to go over their options available to them, especially as the average mortgage shelf live stands as a record low of 17 days.

“It is hoped that some of the latest mortgage withdrawals will be temporary, as lenders may well be dealing with high levels of demand right now. In response to the latest base rate increase, we are already seeing some lenders pass on the rate rise in full to variable tracker and standard revert rates, which includes Santander, TSB and Nationwide.”