What are swap rates?

What are swap rates?

Discover how swap rates influence mortgage interest rates and gain a clear understanding of what swap rates actually are. When it comes to mortgage interest rates going up or down, you may have heard the media and mortgage industry experts talking about swap rates....
The base rate remains at 5.25% again

The base rate remains at 5.25% again

The Bank of England reviewed the base rate on 14 December and chose to keep it the same for the third consecutive time. The Bank of England’s Monetary Policy Committee (MPC) has today voted to keep the base rate at 5.25%. The rate increased 14 times between December...