Mirror: Reason why mortgage rates at Barclays, Halifax and NatWest have risen this week:
Mortgage rates are rising again - with two more major lenders hiking rates today. Barclays and Halifax have today increased rates on various home loan deals. This follows NatWest, Santander, and TSB who also hiked rates this week. Several of Barclays fixed rate deals increased by 0.2 percentage points, with its second five-year fix rising to 3.96%.
Harps Garcha, Director at Brooklyns Financial, said that the "recent weeks have underscored the turbulent ride in the mortgage market" but noted that it "is far from over". They added: "Ongoing global unpredictability suggests this volatility will persist in the foreseeable future."
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