Latest / Prime Property Finance Podcast
What's Driving MORTGAGE RATE CHAOS?: The SWAP MARKET Explained Simply
Mortgage rates can feel unpredictable, but there are clear reasons behind the volatility.
In Episode 82 of the Prime Property Finance Podcast, Mark Watts explains what's really driving the recent movement in mortgage rates and why so many deals are being pulled or repriced at short notice. This short solo episode focuses on the role of the swap market, and how it directly impacts the cost of fixed-rate mortgages.
Mark breaks down how lenders price their products, why the Bank of England base rate is only part of the story, and how global events, inflation expectations and market uncertainty…
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