Thoughts from our Property Experts

How low will mortgage rates go ?

by Adrian Black Adrian Black, author of this post , Thursday 05 March 2015


I’ve been wondering about this very matter recently. Each week more offers appear. 10 year fixed rates for 2.79%; 2 year fixed rates for 1.18%.

This is certainly good for the housing market.  Also, it is a sign that the effects of quantitative easing are finally becoming available to consumers - it has taken some time !

Yes the mortgages are for low loan to value loans but it might encourage consumers who are able to offer a large amount of security to borrow - which in turn will help, at least in the short term, the economy.

A trend to watch with great interest.