{"id":128785,"date":"2022-08-23T00:26:24","date_gmt":"2022-08-22T17:26:24","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-mortgage-rate-rise-outpaces-interest-rates-data-reveals\/"},"modified":"2022-08-23T00:38:40","modified_gmt":"2022-08-22T17:38:40","slug":"uk-mortgage-rate-rise-outpaces-interest-rates-data-reveals","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-mortgage-rate-rise-outpaces-interest-rates-data-reveals\/","title":{"rendered":"UK mortgage rate rise outpaces interest rates, data reveals"},"content":{"rendered":"


\nAverage new two-year fixed rate has jumped 1.75 percentage points since December 2021, 0.1 points faster than base rateThe price of new mortgages is rising even faster than UK interest rates, according to new data that adds to the dilemma faced by many thinking about taking out a new loan on a home.The financial data provider Moneyfacts said the average new two-year fixed rate had increased by 0.14% since the start of this month, and now stood at 4.09%. This is the first time the average figure has broken through 4% since early 2013. Continue reading…
\n
\nSource : theguardian.com
\nRead more…UK mortgage rate rise outpaces interest rates, data reveals<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Average new two-year fixed rate has jumped 1.75 percentage points since December 2021, 0.1 points...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-128785","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-xvb","jetpack-related-posts":[{"id":138410,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hope-for-homebuyers-as-rates-fall-on-uk-fixed-mortgage-deals\/","url_meta":{"origin":128785,"position":0},"title":"Hope for homebuyers as rates fall on UK fixed mortgage deals","date":"July 20, 2023","format":false,"excerpt":"\r Small drops in average rates for two- and five-year fixed mortgages follow easing of inflation rate in JuneBorrowers received a glimmer of good news after average rates on new two- and five-year fixed mortgages fell for the first time since May.News of the small falls came 24 hours after\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":138281,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-two-year-fixed-mortgage-rates-hit-highest-level-since-2008\/","url_meta":{"origin":128785,"position":1},"title":"UK two-year fixed mortgage rates hit highest level since 2008","date":"July 11, 2023","format":false,"excerpt":"\r Average rate rises to 6.66%, according to Moneyfacts, in more bad news for homeownersUK interest rates likely to rise again despite slowing labour marketTwo-year fixed mortgage rates in the UK have risen to the highest level since the 2008 financial crisis, adding to the pressure on households.A typical two-year\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":80977,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/interest-rate-rise-of-1-would-cost-average-uk-homeowner-930-a-year\/","url_meta":{"origin":128785,"position":2},"title":"Interest rate rise of 1% would cost average UK homeowner \u00a3930 a year","date":"February 26, 2018","format":false,"excerpt":"\r A Bank of England rate change would add \u00a310bn to UK mortgage bill, Savills saysA 1% rise in interest rates would add around \u00a310bn to the UK\u2019s mortgage bill, according to analysis from estate agent Savills. The increase would equate to adding \u00a3930 a year to the cost of\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":148198,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-mortgage-rates-creep-up-as-brokers-warn-of-possible-further-pain\/","url_meta":{"origin":128785,"position":3},"title":"UK mortgage rates creep up as brokers warn of possible \u2018further pain\u2019","date":"November 18, 2024","format":false,"excerpt":"\r Concerns interest rates will stay higher for longer if official data on Wednesday shows inflation is back above 2% targetThe average cost of a new fixed-rate mortgage is continuing to creep up, data shows, as brokers warn that borrower could face \u201cfurther pain\u201d if the latest inflation data out\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":131745,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/average-uk-five-year-mortgage-rate-less-than-6-for-first-time-in-seven-weeks\/","url_meta":{"origin":128785,"position":4},"title":"Average UK five-year mortgage rate less than 6% for first time in seven weeks","date":"November 22, 2022","format":false,"excerpt":"\r Fixed interest rate deals starting to drop and could \u2018fall further still\u2019, says MoneyfactsThe average rate on a five-year mortgage deal has dropped below 6% for the first time since the disastrous mini-budget two months ago that ended up costing Kwasi Kwarteng his job as chancellor.Moneyfacts, a financial data\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":138200,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/risks-of-a-uk-housing-crash-rising-by-the-day-as-fixed-rate-mortgage-deals-end\/","url_meta":{"origin":128785,"position":5},"title":"Risks of a UK housing crash rising by the day as fixed-rate mortgage deals end","date":"July 5, 2023","format":false,"excerpt":"\r The tipping point for the economy could come if fixed-rate mortgages rise above 7%All things considered, Britain\u2019s housing market has held up pretty well so far in the face of a relentless rise in borrowing costs that has seen five-year fixed rate mortgages climb above 6%. House prices, according\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/128785"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=128785"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/128785\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=128785"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=128785"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=128785"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}