09/09/2026
🚨 MORTGAGE RATES — THIS IS A WARNING
UK borrowing costs have just hit their highest level since 1998.
The government is now paying 5.82% to borrow over 30 years — and that matters to mortgage borrowers.
💷 But why?
Think of a bond as an IOU. The government borrows money from investors and pays them interest.
When investors demand more interest, the cost of borrowing across the economy can rise.
And that can feed into the financial markets that lenders use when pricing fixed-rate mortgages.
📈 We’re already seeing pressure on mortgage pricing.
This doesn’t mean mortgage rates definitely will rise, but it does mean you shouldn’t automatically assume they’ll keep falling.
If you’re:
🏠 Buying a property
🔄 Coming to the end of your fixed rate
💷 Looking to remortgage
📈 Considering releasing equity
Now is a good time to review your options.
📞 Call Easy Mortgages today.
Don’t wait until your current deal ends to find out what the market is doing.