How waiting for mortgage rates to fall could backfire











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🏡 Thinking about waiting for November to secure a mortgage rate? That could backfire! ⏳ • This week, we’ve seen swap rates bounce back sharply due to US data and mixed signals from the Bank of England. The result? Some lenders, like Coventry and Co-op, have already repriced their mortgage products upwards📈. • While it's only a couple of lenders for now, others may follow soon. If you're considering holding off, bear in mind that rates could rise even further. The good news? If you secure a deal now, your mortgage adviser can always switch you to a lower rate if they drop before completion! 🎯 • Don’t wait too long — secure your rate today! • YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP YOUR REPAYMENTS ON YOUR MORTGAGE. • #MortgageRates #UKHousing #MortgageAdvice #FirstTimeBuyer #Remortgage #UKPropertyMarket #BankOfEngland #FinancialPlanning #CoventryBuildingSociety #CoOpBank

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