The average two-year fixed rate has remained at 2.49 per cent for the sixth consecutive month, according to Moneyfacts.
This figure is down on the 2.52 per cent recorded this time last year.
Average rates within the 60 per cent LTV category and the 70 per cent LTV category both fell, from 1.90 per cent to 1.89 per cent, and 2.54 per cent to 2.53 per cent, respectively.
In contrast, average rates in the 65 per cent LTV category and the 90 per cent LTV rose, with the former increasing from 1.99 per cent to 2 per cent, and the latter from 2.68 per cent to 2.69 per cent.
Meanwhile, average rates within the 75 per cent LTV category, 80 per cent LTV category, 85 per cent LTV category, and 95 per cent LTV category all remained unchanged.
Moneyfacts finance expert Darren Cook says: “Since the Bank of England sent out their warning, competition within the market has been subdued.
“Most providers have stood back, and wholesale rate cuts have come to a halt. There has been very minor movement in a couple LTV categories, but this is to be expected regardless of the external circumstances.”