The figure is a line graph showing the movement in the average level of the standard variable rate and the 3-year fixed rate for mortgages in the years from 2010 to 2021. The graph shows only a modest movement in the standard variable rate which was 3.9% in 2010 and 3.6% in 2021. By contrast the 3-year fixed rate falls from 4.5% to 1.7% over the same time period.