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The credit crunch, last week in numbers
7 October, 2008
Moneysupermarket.com today reveals the last week in numbers for the mortgage market.
· Three-month Libor rate: 6.27% (+0.015 from a week ago)
· Total number of mortgage products: 5,830 (-542)
· Number of lenders offering two-year fixed mortgages: 53 (-2)
· Number of lenders offering three-year fixed mortgages: 58 (0)
· Number of lenders offering two-year tracker mortgages: 30 (-3)
· Average best two-year fixed from each of the main providers: 5.71% (+0.13%)
· Average best three-year fixed from each of the main providers: 5.81% (+0.08%)
· Average best two-year tracker from each of the main providers: 5.82% (+0.14%)
· Number of lenders offering 90% LTV mortgages: 49 (-2)
· Number of lenders offering 95% LTV mortgages: 19 (-1)
· Numbers of lenders offering 100% LTV mortgages: 3 (+1)