Fixed-rate mortgages below 4% back on sale

Brokers hope Nationwide's mortgage deal is sign of summer of savings' for homebuyers

Fixed-rate mortgages priced below 4% are back on sale for homebuyers for the first time since February, with brokers hoping it is a sign of things to come".

Nationwide Building Society said from Wednesday it would be cutting rates by up to 0.25 percentage points across its two-, three- and five-year fixed mortgage products.