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Evening Standard
Evening Standard
World
Sian Baldwin

BIZARRE: Why are mortgage rates rising and when could they fall again - You Need To See This

NatWest has become the latest major lender to increase its mortgage rates.

On Tuesday (October 15), the high street bank said most of its two-year and five-year fixed and tracker rate mortgage range would increase by 0.3 per cent. In addition to this, the rate on its flagship five-year deal for borrowers making a purchase with a deposit of at least 40 per cent will go back up above the 4 per cent mark, rising from 3.79 per cent to 4.09 per cent.

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