The total number of mortgage products on the shelves decreased by around 106 over the weekend to 7,546 across residential and buy-to-let areas, the latest figures show.
According to the latest Moneyfacts figures, the total number of residential mortgage products decreased from 5,096 on Friday to 4,952 today.
The total number of buy-to-let products has fallen from 2,606 on Friday to 2,594 today.
The firm added that the average residential fixed rate rose from 5.83 per cent on Friday to 5.86 per cent, and the average five-year fixed rate has gone up from 5.48 per cent to 5.51 per cent.
On the buy-to-let side, the average two-year fixed rate rose slightly from 60.2 per cent on Friday to 6.03 per cent today, and the five-year fixed rate has stayedd static at 6.04 per cent.
Last week over the weekend, the total number of mortgage products decreased by around 200 according to Moneyfacts.
Lenders have been temporarily withdrawing products and repricing as swap rates have been rising due to economic volatility.
The two-year swap rate currently stands at 5.147 per cent, up from 5.079 per cent on 8 June.
The five-year swap rate jumped from 4.516 per cent on 8 June to 4.557 per cent as of today.
These figures were accurate as of 15:30 today.
Anna is currently the deputy editor for Mortgage Solutions and editor for Specialist Lending Solutions. She has worked as a journalist since 2019, having secured her Gold Standard NCTJ diploma from News Associates in a fast-track six-month course.
She started her career as a report at specialist publication The Insurance Insider covering a wide range of areas before joining Mortgage Solutions and Specialist Lending Solutions in 2021.
In her role, she helps put together and structure the news agenda for the day and writes up press releases, reports, interviews, analyses and exclusives across both titles. She also commissions blogs for Specialist Lending Solutions and hosts online masterclasses and in-person events across the business.
She has been shortlisted for three journalism awards, which include BIBA Journalist and Media Awards Scoop of Year Award in 2020, Headline Money Mortgage Journalist of the Year Award (B2B) in 2022 and 2023.
Prior to being a journalist, Anna worked in ecommerce across Snow + Rock, Cycle Surgery and Runners Need websites, and before that worked at specialist financial PR firm Rostrum.
In her spare time, Anna enjoys reading, seeing live music, and cooking for friends and family. When she gets a chance, she also enjoys hiking, skiing and indoor rock climbing.
