Barclays and Santander make big changes to mortgage interest rates TODAY in blow to borrowers
BARCLAYS and Santander are making a big change to mortgage interest rates today.
As a result, borrowers face a rise in mortgage costs, with both lenders either increasing rates or withdrawing their most affordable deals.
Interest rates on home loans had been on a downward trend, leading many homeowners and buyers to anticipate further reductionsRecent increases in swap rates, which directly affect the cost of fixed-rate mortgages, have led experts to warn of rising mortgage rates amid various uncertainties.
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