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  • General Mills and Box Tops for Education Help Families Cross One Thing off Their Back-to-School To-Do List: Free Snacks

    General Mills and Box Tops for Education Help Families Cross One Thing off Their Back-to-School To-Do List: Free Snacks

    Free Snacks: Savings That Support Families and Schools

    With General Mills products already found in 92% of U.S. households, families can unlock snack savings just by buying what they’re already stocking up on — from breakfast staples to after-school favorites.

    Now through November 30, 2025, families in select areas can earn a rebate of up to $12.99 when they purchase any participating General Mills product (like Cheerios, Pillsbury, Totino’s, Annie’s, or Old El Paso) and a participating snack item (like Nature Valley, Mott’s, Betty Crocker and more) in the same transaction. After purchase, families can simply scan their receipt to the Box Tops for Education app to claim the rebate via PayPal or Venmo. (Not available in all areas; see complete terms for details.)**

    While families are saving at checkout, they’re also helping schools. For over 25 years, Box Tops for Education has empowered families to direct earnings to local schools and generated nearly $1 billion in contributions since the program began. The Free Snacks rebate continues that mission, putting value back into homes and communities.

    Tia’s Tips: Real-Life Hacks to Ease Back-to-School Stress

    To amplify the program and offer encouragement from one parent to another, General Mills teamed up with Tia Mowry, who’s sharing her own simple strategies to help families find more ease in their daily routines.

    • “I keep grab-and-go snacks like Nature Valley bars or Annie’s fruit snacks in a basket by the door — so on those hectic mornings or after-school runs, we’re ready to roll,” said Mowry. “And I always keep something in my bag. It helps me stay ahead of those hangry moments and brings a little peace of mind.”
    • “I try to give myself (and my kids) a little grace this time of year. Back-to-school season can be overwhelming, so I remind myself it’s okay if everything isn’t perfect right away. We’re all adjusting!”
    • “We talk about routines like a team. I ask my kids what helps their mornings feel calmer, and we try to build from there. It’s not perfect, but it makes them feel involved and heard.”
    • “A little night-before prep goes a long way. Whether it’s laying out clothes or packing lunch and snacks ahead of time, even something quick like the new Mott’s Apple-Filled bars makes small routines make mornings feel a lot smoother.”

    More information on the Free Snacks rebate can be found here.

    * This survey was conducted online within the United States by The Harris Poll on behalf of General Mills from July 29 – 31, 2025 among 775 parents with kids in school this upcoming year.  The sampling precision of Harris online polls is measured by using a Bayesian credible interval.  For this study, the sample data is accurate to within +/- 4.2 percentage points using a 95% confidence level. For complete survey methodology, including weighting variables and subgroup sample sizes, please contact carolina.cepeda@edelman.com

    **Offer void in RI, CT, ND, NC, and Miami Dade County. 18+, U.S. residents only. Download the Box Tops App and purchase (1) General Mills Box Tops item and one (1) Eligible Snacks Product in one transaction between 6/1/25 and 11/30/25. Scan receipt in the App within 14 days of purchase. If more than one eligible free snack is purchased, lowest value product will be refunded. Limit one (1) rebate/person. Reproduction, purchase, sale, or trade of any offer requirement is prohibited. Void where taxed, regulated, or prohibited. Allow up to 4 weeks to receive rebate. Not combinable with other offers. Rebate may not be assigned, transferred, or sold. Questions: 1-800-248-7310. PayPal or Venmo account required for rebate. Not affiliated with PayPal or Venmo. See BTFE.com for App Terms of Service, Program Rules, Privacy Policy. Standard data rates may apply. Offer subject to full terms and conditions at BTFE.COM/FreeSnacks. Trademarks are property of respective owners.

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  • Dollar gains before key Powell speech at Jackson Hole on Friday – Reuters

    1. Dollar gains before key Powell speech at Jackson Hole on Friday  Reuters
    2. USD mixed to lower as focus remains on Fed – Scotiabank  FXStreet
    3. The US Dollar (DXY) pauses at 98.00 as markets await clarity – What’s next?  marketpulse.com
    4. US Dollar Slips As Markets Await Key Economic Data  Finimize
    5. Dollar edges higher ahead of Fed minutes; sterling gains after CPI increase  Investing.com

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  • Why ‘Silksong’ Took Seven Years to Make – Bloomberg.com

    Why ‘Silksong’ Took Seven Years to Make – Bloomberg.com

    1. Why ‘Silksong’ Took Seven Years to Make  Bloomberg.com
    2. Hollow Knight Silksong shows new gameplay at Gamescom Opening Night Live, release news due Thursday  The Express Tribune
    3. Hollow Knight: Silksong on Nintendo Switch 2 joins a pretty exclusive list  The Shortcut | Matt Swider
    4. Video Games Weekly: Silksong and Gamescom  Engadget
    5. At Long Last, Hollow Knight: Silksong Has a Release Date  IGN

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  • U.S. probes delays in Tesla crash reports involving driver-assistance systems

    U.S. probes delays in Tesla crash reports involving driver-assistance systems

    Tesla vehicles are parked outside of a dealership on July 24, 2025 in Austin, Texas.

    Brandon Bell | Getty Images

    The U.S. auto safety agency said Thursday it would investigate Tesla’s delays in submitting crash reports involving advanced driver-assistance systems or self-driving vehicles.

    The National Highway Traffic Safety Administration said it had identified numerous incident crash reports from Tesla that arrived several months or more after those incidents.

    The regulator requires that a report be submitted within one to five days of a company receiving notice of a crash. In April, the agency revised the requirements.

    The safety agency said it was opening an audit query “to evaluate the cause of the potential delays in reporting, the scope of any such delays, and the mitigations that Tesla has developed to address them.”

    Tesla did not immediately respond to a request for comment.

    NHTSA said that “when the reports were submitted, Tesla submitted them in one of two ways. Many of the reports were submitted as part of a single batch, while others were submitted on a rolling basis.”

    In discussions with the company, Tesla “indicates that the timing of the reports was due to an issue with Tesla’s data collection, which, according to Tesla, has now been fixed,” the regulator said.

    NHTSA is also reviewing whether any reports of prior incidents remained outstanding and whether the reports that were submitted included all of the required and available data.

    Since October, NHTSA has been investigating Tesla full self-driving collisions in reduced roadway visibility conditions. The probe covers 2.4 million Tesla vehicles equipped with full self-driving technology after four reported collisions, including a 2023 fatal crash.

    It separately opened an investigation in January into 2.6 million Tesla vehicles over reports of crashes involving a feature that allows users to move their cars remotely.

    NHTSA is scrutinizing Tesla’s deployment of self-driving robotaxis in Austin, Texas launched in June and said in a July 1 email to Tesla it was still reviewing the deployment and wants to know if Tesla employees can remotely drive the vehicles.

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  • Sony raises prices of PlayStation consoles amid tariff concerns

    Sony raises prices of PlayStation consoles amid tariff concerns

    FILE-Sony PlayStation 5 Pro (R) and PlayStation 5 Digital Edition (L) video game consoles are displayed during the Tokyo Game Show 2024 at Makuhari Messe on September 26, 2024 in Chiba, Japan. (Photo by Tomohiro Ohsumi/Getty Images)

    Sony is hiking prices for its PlayStation 5 game consoles in the U.S. starting Thursday.

    The costs of the consoles are going up by $50, with the company referencing a “challenging economic environment,” Forbes reported. 

    RELATED: Sony slashes PS5 prices as Nintendo and Xbox hike console costs

    This new change comes following Sony increased prices on the PlayStation 5 by 25% in international markets in April. 

    Citing a May earnings call, Forbes noted that Sony chief financial officer Lin Tao said President Donald Trump’s tariffs would impact Sony’s hardware, gaming, and semiconductor production, although she didn’t say whether the PlayStation 5 would face price increases. 

    Which PlayStation consoles will cost more?

    By the numbers:

    Prices for the consoles are changing with Sony charging $549.99 for the PlayStation 5, which is currently listed for $499.99 on its website.

    The PlayStation 5 Digital Edition is rising from $449.99 to $499.99, while the PlayStation 5 Pro will jump from $699.99 to $749.99.

    RELATED: Microsoft raises Xbox prices globally as tariffs shake gaming industry

    But Forbes noted that Sony explained that prices for PlayStation accessories would stay the same. 

    Have prices changed for other gaming consoles?

    Big picture view:

    In May, Microsoft raised prices on its Xbox Series X and Series S consoles and accessories. The company said the pricing adjustments were due to “market conditions and the rising cost of development.”

    Nintendo released the Switch 2 console for a higher-than-expected price and raised the prices of Switch 2 accessories by $5 to $10 each in April. Forbes reported that the Switch 2 console costs $450.

    The Source: Information for this story was provided by Forbes, Reuters, and previous LIVENOW from FOX reporting. This story was reported from Washington, D.C. 

     

    ConsumerBusiness

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  • Close-Up Views of NASA’s DART Impact to Inform Planetary Defense

    Close-Up Views of NASA’s DART Impact to Inform Planetary Defense

    On Sept. 11, 2022, engineers at a flight control center in Turin, Italy, sent a radio signal into deep space. Its destination was NASA’s DART (Double Asteroid Redirection Test) spacecraft flying toward an asteroid more than 5 million miles away.
     
    The message prompted the spacecraft to execute a series of pre-programmed commands that caused a small, shoebox-sized satellite contributed by the Italian Space Agency (ASI), called LICIACube, to detach from DART.
     
    Fifteen days later, when DART’s journey ended in an intentional head-on collision with near-Earth asteroid Dimorphos, LICIACube flew past the asteroid to snap a series of photos, providing researchers with the only on-site observations of the world’s first demonstration of an asteroid deflection.
     
    After analyzing LICIACube’s images, NASA and ASI scientists report on Aug. 21 in the Planetary Science Journal that an estimated 35.3 million pounds (16 million kilograms) of dust and rocks spewed from the asteroid as a result of the crash, refining previous estimates that were based on data from ground and space-based observations.
     
    While the debris shed from the asteroid amounted to less than 0.5% of its total mass, it was still 30,000 times greater than the mass of the spacecraft. The impact of the debris on Dimorphos’ trajectory was dramatic: shortly after the collision, the DART team determined that the flying rubble gave Dimorphos a shove several times stronger than the hit from the spacecraft itself.
     
    “The plume of material released from the asteroid was like a short burst from a rocket engine,” said Ramin Lolachi, a research scientist who led the study from NASA’s Goddard Space Flight Center in Greenbelt, Maryland.
     
    The important takeaway from the DART mission is that a small, lightweight spacecraft can dramatically alter the path of an asteroid of similar size and composition to Dimorphos, which is a “rubble-pile” asteroid — or a loose, porous collection of rocky material bound together weakly by gravity.
     
    “We expect that a lot of near-Earth asteroids have a similar structure to Dimorphos,” said Dave Glenar, a planetary scientist at the University of Maryland, Baltimore County, who participated in the study. “So, this extra push from the debris plume is critical to consider when building future spacecraft to deflect asteroids from Earth.”

    NASA chose Dimorphos, which poses no threat to Earth, as the mission target due to its relationship with another, larger asteroid named Didymos. Dimorphos orbits Didymos in a binary asteroid system, much like the Moon orbits Earth. Critically, the pair’s position relative to Earth allowed astronomers to measure the duration of the moonlet’s orbit before and after the collision.
     
    Ground and space-based observations revealed that DART shortened Dimorphos’ orbit by 33 minutes. But these long-range observations, made from 6.8 million miles (10.9 million kilometers) away, were too distant to support a detailed study of the impact debris. That was LICIACube’s job.

    After DART’s impact, LICIACube had just 60 seconds to make its most critical observations. Barreling past the asteroid at 15,000 miles (21,140 kilometers) per hour, the spacecraft took a snapshot of the debris roughly once every three seconds. Its closest image was taken just 53 miles (85.3 km) from Dimorphos’ surface.
     
    The short distance between LICIACube and Dimorphos provided a unique advantage, allowing the cubesat to capture detailed images of the dusty debris from multiple angles.
     
    The research team studied a series of 18 LICIAcube images. The first images in the sequence showed LICIACube’s head-on approach. From this angle, the plume was brightly illuminated by direct sunlight. As the spacecraft glided past the asteroid, its camera pivoted to keep the plume in view.

     As LICIACube looked back at the asteroid, sunlight filtered through the dense cloud of debris, and the plume’s brightness faded. This suggested the plume was made of mostly large particles — about a millimeter or more across — which reflect less light than tiny dust grains.

    Since the innermost parts of the plume were so thick with debris that they were completely opaque, the scientists used models to estimate the number of particles that were hidden from view. Data from other rubble-pile asteroids, including pieces of Bennu delivered to Earth in 2023 by NASA’s OSIRIS-REx spacecraft, and laboratory experiments helped refine the estimate.
     
    “We estimated that this hidden material accounted for almost 45% of the plume’s total mass,” said Timothy Stubbs, a planetary scientist at NASA Goddard who was involved with the study.
     
    While DART showed that a high-speed collision with a spacecraft can change an asteroid’s trajectory, Stubbs and his colleagues note that different asteroid types, such as those made of stronger, more tightly packed material, might respond differently to a DART-like impact. “Every time we interact with an asteroid, we find something that surprises us, so there’s a lot more work to do,” said Stubbs. “But DART is a big step forward for planetary defense.”
     
    The Johns Hopkins Applied Physics Laboratory in Laurel, Maryland, managed the DART mission and operated the spacecraft for NASA’s Planetary Defense Coordination Office as a project of the agency’s Planetary Missions Program Office.
     
    By Nathan Marder, nathan.marder@nasa.gov
    NASA’s Goddard Space Flight Center, Greenbelt, Md.

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  • NASA Invites Media to Joint Launch of Sun, Space Weather Missions

    NASA Invites Media to Joint Launch of Sun, Space Weather Missions

    Lee esta nota de prensa en español aquí.

    Media accreditation is open for the launch of three observatories that will study the Sun and enhance the ability to make accurate space weather forecasts, helping protect technology systems that affect life on Earth.

    NASA is targeting no earlier than Tuesday, Sept. 23, for the launch of the agency’s IMAP (Interstellar Mapping and Acceleration Probe), the Carruthers Geocorona Observatory, and National Oceanic and Atmospheric Administration’s (NOAA) Space Weather Follow On–Lagrange 1 (SWFO-L1) observatory. The observatories will launch aboard a SpaceX Falcon 9 rocket from Launch Complex 39A at NASA’s Kennedy Space Center in Florida.

    Accredited media will have the opportunity to participate in prelaunch briefings and interviews with key mission personnel prior to launch, as well as cover the launch. NASA will communicate additional details regarding the media event schedule as the launch date approaches.

    Media accreditation deadlines for the launch are as follows:

    • International media without U.S. citizenship must apply by 11:59 p.m. EDT on Sunday, Aug. 31.
    • U.S. media and U.S. citizens representing international media organizations must apply by 11:59 p.m. on Thursday, Sept. 4.

    All accreditation requests must be submitted online at:

    https://media.ksc.nasa.gov

    NASA’s media accreditation policy is available online. For questions about accreditation, please email: ksc-media-accreditat@mail.nasa.gov. For other mission questions, please contact the NASA Kennedy newsroom at 321-867-2468.

    Para obtener información en español en sobre el Centro Espacial Kennedy, comuníquese con Antonia Jaramillo: 321-501-8425. Si desea solicitar entrevistas en español sobre IMAP, póngase en contacto con María-José Viñas: maria-jose.vinasgarcia@nasa.gov. 

    NASA’s IMAP will use 10 science instruments to study and map the heliosphere, a vast magnetic bubble surrounding the Sun protecting our solar system from radiation incoming from interstellar space. This mission and its two rideshares will orbit the Sun near Lagrange point 1, about one million miles from Earth, where it will scan the heliosphere, analyze the composition of charged particles, and investigate how those particles move through the solar system. This will provide information on how the Sun accelerates charged particles, filling in essential puzzle pieces to understand the space weather environment across the solar system. The IMAP spacecraft also will continuously monitor solar wind and cosmic radiation. Scientists can use this information to evaluate new and improved capabilities for space weather prediction tools and models, which are vital for the health of human space explorers and the longevity of technological systems, like satellites and power grids, that can affect life on Earth.

    The agency’s Carruthers Geocorona Observatory is a small satellite set to study the exosphere, the outermost part of Earth’s atmosphere. Using ultraviolet cameras, it will monitor how space weather from the Sun impacts the exosphere, which plays a crucial role in protecting Earth from space weather events that can affect satellites, communications, and power lines. The exosphere, a cloud of neutral hydrogen extending to the Moon and possibly beyond, is created by the breakdown of water and methane by ultraviolet light from the Sun, and its glow, known as the geocorona, has been observed globally only four times before this mission.

    The SWFO-L1 mission, managed by NOAA and developed with NASA’s Goddard Space Flight Center in Greenbelt, Maryland, and commercial partners, will use a suite of instruments to provide real-time measurements of solar wind, along with a compact coronagraph to detect coronal mass ejections from the Sun. The observatory, serving as an early warning beacon for potentially destructive space weather events, will enable faster and more accurate forecasts. Its 24/7 data will support NOAA’s Space Weather Prediction Center in protecting vital infrastructure, economic interests, and national security, both on Earth and in space.

    David McComas, professor, Princeton University, leads the IMAP mission with an international team of 25 partner institutions. The Johns Hopkins Applied Physics Laboratory in Laurel, Maryland, built the spacecraft and operates the mission. NASA’s IMAP is the fifth mission in NASA’s Solar Terrestrial Probes program portfolio. The Explorers and Heliophysics Project Division at NASA Goddard manages the program for the agency’s Heliophysics Division of NASA’s Science Mission Directorate.

    NASA’s Launch Services Program, based at NASA Kennedy, manages the launch service for the mission.

    For more details about the IMAP mission and updates on launch preparations, visit:

    https://science.nasa.gov/mission/imap/

    -end-

    Abbey Interrante
    Headquarters, Washington
    301-201-0124
    abbey.a.interrante@nasa.gov

    Sarah Frazier
    Goddard Space Flight Center, Greenbelt, Md.
    202-853-7191
    sarah.frazier@nasa.gov

    Leejay Lockhart
    Kennedy Space Center, Fla.
    321-747-8310
    leejay.lockhart@nasa.gov

    John Jones-Bateman
    NOAA’s Satellite and Information Service, Silver Spring, Md.
    202-242-0929
    john.jones-bateman@noaa.gov

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  • Grant Thornton Digital Survey: Part Two

    The second installment shares respondents’ thoughts on technology implementation and its impact on efficiency and profitability

     

    — 93% of business leaders are investing in more technology

    — 34% said their data is inadequate for transformation

    — 67% ranked resource optimization as a top technology project for this year

    — 59% said user adoption challenges are one of the top reasons that tech initiatives have failed

    — 63% ranked reducing operational costs as one of the top three ROI goals

     

    CHICAGO — The second of three reports from Grant Thornton’s Digital Transformation survey — which gathered insights from more than 550 cross-functional senior executives across industries — revealed that while 93% of business leaders are investing in more technology, one-third (34%) said their data is inadequate to support transformation.

     

    This second installment of the survey results described how transformation success depends not only on new technology, but also on how human factors, data and smart design shape those investments.

     

    According to Tony Dinola, a principal in the Technology Modernization practice with Grant Thornton Advisors LLC, companies can achieve more with less — and generate profitability today that can be sustained for many years.

     

    “We always encourage our clients to focus on people and process first,” said Dinola. “Before investing in technology, it’s critical to understand the core requirements you are solving for and procure the right technology that is purpose-built for those needs.”

     

     

     

    IT is an agile enabler for opportunity

     

    Additional findings from Grant Thornton’s Digital Transformation survey revealed that 67% of leaders ranked resource optimization among their top five technology objectives for this year. As today’s leaders continue to ramp up technology spending, they’re learning lessons from the past on optimizing return from those investments.

     

    “Modern tech allows for modularized deployment,” Dinola said. “Instead of 24- or 36-month projects, we’re talking six- to eight-week cycles. You see the value faster and can stop if it’s not delivering.”

     

    Dinola added that while the IT function remains responsible for infrastructure and IT security, employees throughout the business are innovating with technology to solve problems — and IT needs to support them.

     

     

     

    User-driven design seeds more success

     

    According to the data, 59% percent of survey respondents said user adoption challenges are one of the top three reasons that technology initiatives have failed at their organizations.

     

    Mike Hennessey, a principal in the Business Consulting practice for Grant Thornton Advisors LLC, explains that in today’s environment, technology must work for people.

     

    “Employee experience reigns as a competitive issue for business leaders. Companies that engage employees in shaping new technology use — through early demos, feedback loops and user-led design — see faster adoption and stronger returns.”

     

    Hennessey adds that this is a great opportunity for leaders to gain a unique lens into their team: “You’ll very quickly see who your upcoming leaders are and who your high potentials are. Those insights are valuable when it comes to executing change at scale.”

     

    The survey also showed that user adoption challenges are the top reason that past technology initiatives have failed. Yet when it comes to measuring the ROI of technology investments, respondents ranked employee satisfaction at the bottom of the list.

     

    Rob Ginzel, a director in the Business Consulting practice for Grant Thornton Advisors LLC, said company leaders should work to make sure employees see how the technology being implemented will benefit them.

     

    “If technology makes work easier and more meaningful for employees, their colleagues and managers, implementation typically goes smoothly,” said Ginzel. “When employees see their peers and leaders using new technology comfortably, that builds trust and curiosity. It turns adoption from a compliance exercise into a desire to work in new and innovative ways.”

     

     

     

    Align metrics with adoption and behavioral outcomes

     

    Another key highlight from the survey centered on cost. According to the data, 63% of survey respondents ranked reducing operational costs as one of the top three ROI goals for their technology investments.

     

    Adoption metrics predict ROI, and cost savings are maximized when technology achieves high levels of adoption. At the same time, frontline usage, engagement and experience signal whether technology tools are driving the intended value.

     

    “We focus on speed to value and end-user adoption — how fast are we getting tools into people’s hands, and how quickly are they making an impact?” Dinola added.

     

    Meanwhile, tracking behavior change — not just usage — can show leadership where hidden resistance may be stalling outcomes. Leaders should analyze how ways of working have evolved.

     

    Dinola summed it up this way: “When people spend less time on low-value tasks and use new capabilities to drive better decisions and improve quality, they’re bound to deliver superior performance at a lower cost.”


    To see additional findings from Grant Thornton’s Digital Transformation Survey, visit: www.grantthornton.com/insights/survey-reports/advisory/2025/make-technology-an-engine-for-profitability.

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  • Farm lender harvests peak outcomes with Borrower Analytics

    Farm lender harvests peak outcomes with Borrower Analytics

    Completing onboarding due diligence can be an extremely complex and time-consuming process, especially for lenders who continue to rely on tedious manual processes. Such was the case for Compeer Financial ― until the farm credit organization deployed Borrower Analytics. Since then, the company has been able to reduce the time spent on UCC searches by 36%, as well as streamline operations, improve report consistency, lower overall onboarding time, and achieve additional benefits.

    Because Borrower Analytics utilizes advanced technology to analyze UCC search documents and deliver actionable intelligence reports, lenders gain deeper knowledge about prospective borrowers and can more quickly evaluate and address potential risks.

    Read our Case Study to find out how Compeer uses Borrower Analytics to elevate its due diligence process and enhance overall operations.

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  • Average five-year mortgage drops below 5% to lowest level in two years

    Average five-year mortgage drops below 5% to lowest level in two years

    The average rate on a five-year fixed mortgage has dropped below 5% for the first time since May 2023, as the cost of borrowing continues to fall steadily.

    The average five-year fixed rate hit 4.99% on Thursday, from 5% a day earlier, according to financial information service Moneyfacts.

    Although the percentage drop may only equate to a small financial saving, it may signal a shift in market sentiment, with Moneyfacts describing such moments as a “symbolic turning point”.

    Even the smallest rate drop can boost buyer confidence and spur greater competition among lenders.

    Meanwhile, the average two-year fixed rate mortgage, which fell below 5% last week for the first time since former Prime Minister Liz Truss’s mini-budget in September 2022, dropped further on Thursday.

    It fell to 4.97% from 4.98% the previous day.

    Adam French, head of news at Moneyfacts, said the latest data was “more welcome news for borrowers” and said it showed lenders were “competing more aggressively”.

    Commenting on the five-year mortgage rate drop, Mr French said: “The slow and steady fall in the cost of borrowing over the last year combined with strong average earnings growth has helped to marginally boost affordability for many homeowners and homebuyers.”

    However, he thinks the latest inflation reading of 3.8% has effectively stopped the chance of seeing another base rate cut in 2025.

    “As a result, a few modest mortgage rate reductions are the best borrowers can probably hope for in the short term as lenders adjust to prospect of higher rates for longer,” Mr French added.

    Peter Stimson, director of mortgages at the lender MPowered, said the five-year average rate drop was good news for looking to buy a house or remortgage but warns “average rates can be a bit misleading.”

    He said: “Much lower rates are available. If you have a sizable deposit or have built up equity in your home, you could well get a fixed interest rate below 4% – irrespective of whether you want to fix for two, three or five years.”

    Lenders are also offering more choice, with 7,031 residential mortgage products available, which is up from 6,992 on the previous working day.

    Hundreds of thousands of borrowers are due to re-mortgage this year.

    UK Finance, the banking industry group, said 900,000 fixed rate deals are due to expire in the second half of 2025.

    Mortgage rates are still higher than in the years before the mini-budget.

    The fiscal event pushed up the cost of UK government borrowing, which fed through into mortgage rates. By July 2023, the borrowing cost of mortgages had soared to the highest level since the 2008 financial crisis.

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