Competition between lenders is still strong, Moneyfactscompare.co.uk saidSome average fixed homeowner mortgage rates on the market have recorded their biggest daily jump since spring this year, according to a financial information website. The average two-year fixed-rate residential mortgage on the market on Tuesday morning was 5.54%, up by 0.04 percentage points from 5.50% on Monday, Moneyfactscompare.co.uk said. The typical five-year fixed residential mortgage rate on the market increased to 5.57% on Tuesday, an increase of 0.05 percentage points, from 5.52% on Monday. Mortgage rates had been edging down in recent weeks after jumping earlier this year amid the conflict in the Middle East. “As feared, rising swap rates (which lenders use to price mortgages) are a signal for lenders to move quickly to re-price their ranges, as fixed mortgage rates tend to follow these moves.”