HomeAI · summaries
Storia in 2 fonti
Bad news for homeowners as UK fixed mortgage rates rise yet again
Jump to contentAllNewsSportCultureLifestyleAverage UK fixed mortgage rates have climbed to their highest levels in months as lenders adjust to shifting market conditions. Figures from Moneyfacts show the average two-year fixed rate rose to 5.63 per cent, while the average five-year fixed rate increased to 5.68 per cent. Finance expert Rachel Springall attributed the adjustments to volatility in swap rates driven by inflationary concerns stemming from the Middle East conflict. Mortgage technical manager Nicholas Mendes warned that further selective rate increases are likely as lenders catch up with wholesale market changes. Lloyds reported a 0.4 per cent annual drop in average UK house prices in August, marking the first year-on-year decrease since November 2023. In fullFixed mortgage rates jump with ‘more moves expected in coming days’More bulletinsThank you for registeringPlease refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged in
Confronto fonti
2 prospettive sulla stessa storiaTimeline cronologica
- ·
independent.co.uk
UK homeowners face fresh blow as mortgage rates jump
A finance expert pointed to inflationary concerns stemming from the ongoing conflict in the Middle East
- ·
Fixed mortgage rates jump with ‘more moves expected in coming days’
Volatility in the swap rate market is prompting lenders to adjust their rates, Moneyfactscompare.co.uk said.
