Following recent increases in the swap rates The Financial Times has reported that a number of lenders are set to increase their fixed mortgage rates this week. Rates most likely to be increased are on the longer term eg 5 year and 10 year fixed rates.

The majority of rates have not yet been increased. Therefore if your adviser has given you a rate do start the application process ASAP before the rate is withdrawn

This entry was posted on Monday, May 11th, 2009 at 8:43 am and is filed under finance general, mortgages. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.