The lender’s latest round of reductions apply across its first-time buyer, home mover and remortgage ranges with its lowest fixed rate falling to 4.52%. The mutual says its existing mortgage customer pricing pledge remains in place, meaning switcher rates for existing customers will continue to be the same as or lower than equivalent remortgage products. Nationwide head of mortgage products Carlo Pileggi says: “After a period of increasing swap rates, recent falls have created an opportunity for us to reduce mortgage rates, and we’re moving swiftly to ensure new and existing customers can benefit. Trinity Financial product and communications director Aaron Strutt says: “After a few weeks of mortgage rate hikes across the lenders Nationwide has announced some pricing improvements. “Nationwide has a track record of being quick off the mark when swaps move downward, repricing accordingly to support borrowers with lower rates.”