Mortgage rates – how low can they go?

Is it possible for long term mortgage rates to fall any lower? Market analysts think not, as they are currently predicting that rates may soon rise.

As longer term swap rates have risen by nearly 0.5% since August, analysts think it is possible the record lows will shortly come to an end.

If you are looking for a mortgage at the moment, waiting any longer for a further drop in rates may be counter-productive. Further cuts in the base rate may already have been included in lenders’ deals, which is why adjustments to rates have been appearing over the last few weeks. According to the analysts, this is not likely to continue and the lowest point may well have been reached.

By securing a long term fixed rate mortgage now, Deal Direct can guarantee sourcing you a record low rate. We have in excess of a decade’s experience in the market and call upon all of our knowledge and expertise to obtain the very best deal for you.

Our dedicated advisors not only compare the mortgage rates, but they also take into account all of the other fees, as well as legal costs. This means you can be sure the comparison is done on a like-for-like basis, and that the mortgage offered is the most affordable for you.

Submitting a mortgage quote request is as simple clicking the button below. If you prefer to speak to us, call Deal Direct on 0800 048 8828, and one of our advisors will be happy to help.

Speak to an mortgage expert now on 0800 048 8828.