Swap Rates have finally reduced by 10% across 2, 5 and 10 years. Hopefully with the announcement inflation has fallen from 8.7% to 7.9% earlier today, this may be an indication markets have reached a turning point with less volatility and return to normality giving a bit of breathing space to distressed homeowners.
![Swap rates Fall By 10% - July 23 - Independent Mortgages Direct NE Swap rates Fall By 10% - July 23](https://imdne.co.uk/wp-content/uploads/2023/07/IMG_9990-1024x785.jpg)