The average mortgage rate is 0.62% cheaper than this time last year.

The average mortgage rate is 0.62% cheaper than this time last year.
Swyny will help support the growth of the network's AR member firms.
Stevie has held previous roles at Stonebridge, Openwork, Embrace Financial Services and Connect Mortgages.
The average loan size jumped by more than £11,500 to £205,882 between April and May.
Rob Clifford, chief executive of mortgage and protection network Stonebridge, reveals why he expects the mortgage market is set for a strong H2.
Average rates have fallen by 0.62% in the past year, saving borrowers £888.
Purdy was a mortgage adviser before leading compliance and supervision in both mortgage networks and DA firms.
All directly authorised and appointed representative firms are invited to join.
The improvement is down to a slight uptick in wages and a reduction in mortgage rates.
Principals must ensure ARs comply with rules, but ARs have a part to play too, the FCA says.
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