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hsbc raises mortgage rates amid rising borrowing costs and inflation data

Mortgage rates have risen again, with HSBC increasing rates for five and two-year fixed mortgages, following a trend among lenders responding to higher swap rates. Average two-year fixed rates climbed from 5.4739% to 5.5198% this week, raising concerns for potential homebuyers and those looking to remortgage. Despite positive inflation data calming bond markets, the recent hikes may lead to further increases from other banks.
Proactiveinvestors UK
British Pound Sterling Virgin Money Bond HSBC Holdings plc GBR Simon Gammon
Finance & Economy, Market Report
13:18 17.01.2025
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