Swaps Rise As Lenders Consider Rate Increases Swap Rates 12/10/23 Swap Rates 27/10/23 Swap Rate Increase The five and ten-year Swap Rates worryingly increased steadily this week as UK inflation holds at 6.7%. Lenders are watching the markets and waiting for next week’s Bank of England decision, but some have chosen to increase their rates […]
Swaps Rise As Lenders Consider Rate Increases Read More »
Swap Rate Volatility, Mortgage Rate Reductions and House Prices Fall Swap Rate Volatility Volatility in the swap market continues, with 2-year swaps increasing slightly while 5 and 10-year swaps continue to fall, implying market expectations that interest rates will remain higher for longer. More Lenders Reduce Rates Mortgage approvals for house purchase and re-mortgage transactions
Swap Rate Volatility, Further Mortgage Rate Reductions and House Prices Fall Read More »
/ Inflation / By Gary The latest figures from the Office for National Statistics (ONS) below show inflation falling from 7.9% in June to 6.8% in July. With inflation heading in the right direction, Swap Rates stabilised and lenders continuing to apply rate reductions to their products we may be turning the corner but should not be complacent
Inflation Falls to 6.8% while House Prices Remain Steady Read More »
Swap Rates continue to rise with lenders again withdrawing products to reprice. House prices are down slightly with the average typical UK property costing £285,932 down from the peak last August of £293,992 and Bond Yields surge to a 15 year high as financial markets predict interest rates will climb over 6.5% in 2024. If
Swap Rates Up, House Prices Down & Base Rate Predicted To Top 6.5% in 2024 !! Read More »
UK house prices have recorded their first annual drop since 2012 due to heightened economic pressured, however, the average house price remained virtually unchanged at £286,532, down slightly from April’s figure of £286,662.
House Prices Record First Annual Decline Since 2012 Read More »
In November, house prices were down 2.3% in a month to an average of £285,579, according to the latest Halifax House Price Index. Overall almost £7,000 was wiped off house prices as the UK registered its third consecutive month of price falls and the largest since the financial crisis in 2008. But average prices are
House Prices Down 2.3% In November – Largest Drop Since Financial Crisis Read More »
The price of property coming to the market has fallen for the first time this year, down 1.3% in the month to £365,173 (-£4,795) in August, according to Rightmove. However, the property portal said the fall was likely more due to holidays than mortgage and interest rate rises as prices usually drop in August, and
House Prices Fall For First Time In 2022 – Rightmove Read More »
