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Evening Standard
Evening Standard
World
Sian Baldwin

Why are mortgage rates rising and when could they fall again?

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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