Will mortgage rates drop below 6% soon? Experts weigh in

Will mortgage rates drop below 6% soon? Experts weigh in

Hoping rates will fall and make homebuying more affordable? Here's what experts say about whether it could happen.

Average mortgage rates climb despite base rate cuts, while savings rates drop at more than double the pace - IFA Magazine

Homeowners have seen average mortgage rates rise since October, despite the Bank of England cutting the base rate. However, savers have seen average rates slashed at 2.4 times the pace of the base rate cuts. New research by the finance comparison site Finder reveals the stark difference between savings and mortgage rates following recent changes to the Bank of England base rate.  Between October 2024 and March 2025, the base rate was cut twice b…

Mortgage rates rising despite Bank of England interest rate cuts

These Mortgages Are Making a Comeback In An Unaffordable Housing Market

Douglas Rissing/Getty Images In the thick of economic uncertainty and high interest rates, adjustable-rate mortgages are making a comeback. ARMs offer cheaper fixed interest rates for the initial five, seven or 10 years, giving borrowers more options for homeownership. After that introductory period, the loan has a variable interest rate that could go up or down, depending on market conditions…….Continue reading….. By: Laura Michelle Davis Sourc…

‘Done deal’: Major bank’s huge rate call

Mortgage holders are tipped to get much needed rate relief when the Reserve Bank of Australia board meets again in May.

A May interest rates cut could boost mortgage market

After further inflation improvements were revealed last week, analysts are predicting interest rates to be cut next month in a positive move for borrowers. The Bank of England is due to reveal its next move on UK interest rates on 8th May, but recent consumer price index (CPI) figures have tipped the scales towards a base rate cut according to analysts. The CPI measure of inflation fell to 2.6% in March, according to the Office for National Stat…