Rightmove says fixed mortgage rates may hold steady as Bank of England raises base rate to 4%

• Rightmove analysis indicates fixed mortgage rates need not rise following the Bank of England's widely anticipated increase to 4% from 3.75%.
• Average two-year fixed mortgage rates stood at 5.51% on November 5, 2026; five-year rates averaged 5.49%.
• Both averages fell 0.02 percentage points over the week, with some major lenders making marginal cuts.
• Tracker mortgage rates face an immediate increase, narrowing their pricing advantage over fixed-rate deals, subject to individual mortgage terms.
• Monthly mortgage costs for typical flat buyers rose around £150 from the year's start; detached-home buyers face roughly £350 more.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Rightmove plc published the original content used to generate this news brief on November 05, 2026, and is solely responsible for the information contained therein.