HSBC has announced that it will be cutting its mortgage rates to below 4% ramping up the mortgage "rates war". The high street bank says its new deals will be introduced tomorrow (Thursday, January 4) and will include a two-year fixed remortgage deal for 4.49% and a five-year deal for 3.94% for those borrowing up to 60% of the property value. HSBC is the latest high street lender to announce major cuts to its fixed rate deals. Those looking for a longer fix can also get the ten-year fixed rate which starts at 3.99%. An HSBC spokesperson said: "Our new fixed mortgage rates will see significant cuts across the board which will be a…
