The two-year tracker is 0.04% lower than the existing product. These mortgages are available from September 23.
The society is offering a two-year fixed rate at 4.95%, a three-year fixed rate available from 5.29% and a five-year fixed rate available from 5.49%.
A two-year tracker is available from 4.75%, a three-year tracker is available from 4.89% and a five-year tracker available from 4.99%.
All Nationwide fixed rate and tracker mortgages allow borrowers the additional flexibility to overpay or underpay during the deal period and are available to all borrowers. Nationwide will withdraw its current range of fixed rates and its two-year tracker mortgage from close of business on September 22.