Consult with mortgage broker, Deal Direct about rising interest rates.
Consulting now with mortgage broker, Deal Direct, could help you to secure a historic-low rate mortgage or remortgage before they disappear.
Since the middle of September, mortgage rates have shown signs of creeping up.
If you haven’t found a mortgage or remortgage already, does this mean you have missed the boat?
Not necessarily. It is true that a number of lenders have taken the initiative to add percentage points to the cost of their 2 and 5 year fixed rate ranges. This is because the cost of funding mortgages for lenders is becoming more expensive for them.
For example, the swap rates for two-year products have risen by 0.28% to 0.82% in recent months. The increase has prompted lenders to pass on their rising costs to the borrower. However, not all lenders have followed suit and there are still many record-low mortgage rates available.
To discuss your requirements and to begin the process of securing an affordable mortgage at a low-rate before they disappear, call Deal Direct today.
Speak to one of our experts on 0800 048 8828.
