Mortgage rates ease, but the gap between tracks holds
- Fixed-rate loan, not index-linked
- 4.62 %4.9 % un an plus tôt
- Fixed-rate loan, linked to the price index
- 3.29 %3.4 % un an plus tôt
- Index-linked loan, fixed and variable rate
- 3.26 %3.48 % un an plus tôt
Anyone signing a mortgage today pays a bit less interest than a year ago, across all three main tracks. Cheaper is not the same as cheap.
The fixed, non-indexed rate stood at 4.62% in August 2026, down from 4.9% a year earlier. The fixed rate indexed to the CPI came in at 3.29%, down from 3.4%. And the combined fixed-and-variable rate indexed to the CPI stood at 3.26%, down from 3.48%. The gap between the non-indexed track and the indexed ones stays above a full percentage point.
When you compare mortgage offers, look not only at the rate on each track but at its weight in the overall mix - that gap does not close just because rates fall.
Sources
General information. This is neither investment advice nor legal advice, and it does not predict where rates will go.
Create my contract