Poll
Precise to increase fixed rates by 0.20%
The move comes as Alan Cleary, managing director at Precise Mortgages (pictured above), said lenders’ costs of funds had increased.
He specifically pointed to fixed rates, which are priced based on the swap curve.
Alan said that the two-year swap was up 0.35%, while the five-year swap was up 0.37%.
“It is inevitable that this will push mortgage pricing upwards,” said Alan.
“Is this the start of a general increase in pricing?
“We will see, but I expect other specialist lenders to follow.”
Alan confirmed that the rate increase will take place tonight.
Post your comment:
Related Articles:
I well omega replica watches removed them, in I below. Those companions call fake rolex watches sounded like a bird chirp. Squeezed between the fragmentation omega replica of the basalt is cold crunching sound rolex replica watches of quicksand. Flat slopes gradually, I came to the edge of breitling replica watches the crater, a cement embankment covered with dark brown on top. I ran over to cartier replica watches see the cement, the steel roof covering the top: This is the beginning of replica watches the 22 century dome structure. It would appear that we have longines replica watches come to the right place. From my u boat replica watches current position.