{"id":130547,"date":"2022-10-05T22:13:40","date_gmt":"2022-10-05T15:13:40","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/rates-for-two-year-fixed-mortgage-pass-6-mark-for-first-time-since-2008\/"},"modified":"2022-10-05T22:19:10","modified_gmt":"2022-10-05T15:19:10","slug":"rates-for-two-year-fixed-mortgage-pass-6-mark-for-first-time-since-2008","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/rates-for-two-year-fixed-mortgage-pass-6-mark-for-first-time-since-2008\/","title":{"rendered":"Rates for two-year fixed mortgage pass 6% mark for first time since 2008"},"content":{"rendered":"


\nNews comes day before chancellor is due to discuss impact of market turmoil with main high street lendersThe average rate on a new two-year fixed mortgage has risen above 6% for the first time since 2008, according to data that will intensify concern about the crisis in the home loans market.News that the typical new rate had climbed to 6.07% came the day before the chancellor, Kwasi Kwarteng, was due to meet with executives from Britain\u2019s biggest banks to discuss the impact of the financial markets turmoil on mortgages and availability. Continue reading…
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\nSource : theguardian.com
\nRead more…Rates for two-year fixed mortgage pass 6% mark for first time since 2008<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

News comes day before chancellor is due to discuss impact of market turmoil with main...<\/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-130547","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-xXB","jetpack-related-posts":[{"id":137265,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-banks-pull-hundreds-more-home-loan-deals-as-fixed-mortgage-rates-rise\/","url_meta":{"origin":130547,"position":0},"title":"UK banks pull hundreds more home loan deals as fixed mortgage rates rise","date":"June 6, 2023","format":false,"excerpt":"\r Mortgage market turmoil prompts record numbers of people to take out loans of more than 35 yearsHundreds more home loan deals have been pulled by banks and building societies since the end of last week while rates on new fixed mortgage deals are continuing to ratchet upwards, the latest\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":148746,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-debt-market-sell-off-threatens-to-push-up-mortgage-costs\/","url_meta":{"origin":130547,"position":1},"title":"UK debt market sell-off threatens to push up mortgage costs","date":"January 10, 2025","format":false,"excerpt":"\r About 700,000 homeowners face increase when fixed-rate deals end this yearBusiness live \u2013 latest updatesAbout 700,000 homeowners are facing an increase in mortgage costs when their fixed-rate deals end this year, as a sell-off in the UK government debt market plunges the financial markets into turmoil and threatens to\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":137338,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-mortgage-turmoil-continues-as-santander-pulls-deals-for-new-borrowers\/","url_meta":{"origin":130547,"position":2},"title":"UK mortgage turmoil continues as Santander pulls deals for new borrowers","date":"June 12, 2023","format":false,"excerpt":"\r Move follows decision by HSBC and applies to brokers and online applications as lenders hike fixed ratesSantander is the latest major bank to announce it is temporarily pulling its mortgage deals for new borrowers off sale as the turmoil in the home loans market shows no signs of abating.Days\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":137471,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-mortgage-rates-rollercoaster-is-the-price-to-pay-for-cheap-short-term-deals\/","url_meta":{"origin":130547,"position":3},"title":"UK mortgage rates rollercoaster is the price to pay for cheap, short-term deals","date":"June 21, 2023","format":false,"excerpt":"\r Borrowers who made a short-term choice after the 2008 banking crisis were lucky \u2013 current borrowers have been equally unluckyAs mortgage lending rates surge to levels not seen since the banking crisis, some borrowers are wondering whether there is something to be said for the certainty of fixing the\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":150840,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/barclays-cuts-rates-on-some-mortgages-to-below-4-amid-us-tariffs-turmoil\/","url_meta":{"origin":130547,"position":4},"title":"Barclays cuts rates on some mortgages to below 4% amid US tariffs turmoil","date":"April 10, 2025","format":false,"excerpt":"\r Bank is largest UK lender to cut rates in apparent response to turbulence, and experts predict others will follow Business live \u2013 latest updatesBarclays has become the largest UK lender so far to cut its mortgage rates in apparent response to the financial turmoil sparked by the US trade\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":63204,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/extraordinary-interest-rates-on-10-year-fixed-rate-mortgage-deals\/","url_meta":{"origin":130547,"position":5},"title":"\u2018Extraordinary\u2019 interest rates on 10-year fixed-rate mortgage deals","date":"November 2, 2014","format":false,"excerpt":"\r Is a decade too long to tie yourself into a mortgage? Just watch out for early repayment charges, brokers warnTen years \u2026 it that too long to tie yourself into a mortgage deal? Lenders don\u2019t seem to think so and have started to launch decade-long fixed-rate deals with \u201cextraordinary\u201d\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\/130547"}],"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=130547"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/130547\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=130547"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=130547"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=130547"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}