16/04/2026
Mortgage rates have dropping today – here’s why 👇
After weeks of increases, some lenders have started cutting rates again.
So what’s changed?
➡️ Swap rates have eased slightly
These are what lenders price fixed mortgages from – and as they dip, lenders can pass on reductions.
➡️ Markets calming (slightly)
Recent volatility driven by global events pushed rates up fast, but short-term sentiment has stabilised.
➡️ Competition is back
Lenders don’t sit still for long – when one cuts, others follow to stay competitive.
➡️ Opportunity window opening
We’re seeing reductions of up to ~0.45% on some 2-year fixes already.
⚠️ But don’t get carried away…
The bigger picture is still uncertain:
• Inflation risks remain
• Bank of England decisions still unclear
• Rates could move either way quickly
💡 Bottom line:
This isn’t a full trend reversal (yet)… it’s a window.
If you’re buying or remortgaging, timing matters more than ever.
📩 Message me to sense-check your options.
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