MONEYFACTS ARCHIVE. This article was correct at the time of publication. It is now over 6 months old so the content may be out of date.

Published: 04/05/2016

The Bank of England base rate has now been on hold at 0.50% for seven years, so it would be fair to assume that variable rate tracker mortgages – which typically follow base rate movements – have also remained static. However, our latest research shows that this is not the case, with average tracker mortgage rates having risen notably in the last six months, which suggests that other factors must be at play.

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