Barclays cuts mortgage rates in Residential Purchase, Remortgage, and Reward ranges by up to 44bps, effective May 17th.

Barclays announces significant mortgage rate cuts on select products in its Residential Purchase, Remortgage, and Reward ranges, effective from May 17th. Key reductions include 5-year Fixed rates from 4.47% to 4.34% and 4.90% to 4.58%. Both Barclays and HSBC are reducing rates on selected mortgage products, with rates cut by up to 44bps, including 5-year fixes and remortgage options.