Mortgage price wars as two major lenders slash rates in boost to homeowners

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"Two of the biggest lenders have cut rates in a move which could lead to a new mortgage war between the biggest banks and building societies. Nationwide announced a raft of changes last week which included up to 0.16 percentage points being slashed off existing products - with the lowest rate on a two-year deal now down to 3.54 per cent."

Reporters are deployed across major issues including reproductive rights, climate change and Big Tech to produce investigations and documentaries that illuminate affected people. Investigative work includes financial probes such as examinations of political PACs and productions highlighting American women fighting for reproductive rights. Donations enable continued reporting, funding journalists to gather perspectives from both sides and to keep reporting and analysis accessible without paywalls. Two large lenders reduced mortgage rates, with Nationwide cutting up to 0.16 percentage points on existing products and pushing a two-year deal to 3.54 percent. Increased competition among lenders can benefit consumers amid a softening market.

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