? Have you got a mortgage-related question you need answering? Email in and we’ll get one of our experts to reply. Nick Mendes, mortgage technical manager atAt the start of July I’m going to be remortgaging as my current five-year fix is coming to an end. I’d been hoping that rates would come down. I’ve locked in a deal already, but was going to port to a new cheaper one if possible.
Government fiscal policies, such as increased public spending or tax cuts, can influence inflation and economic growth expectations. For example, if the Government announces significant infrastructure spending, it can boost economic growth expectations, leading to higher swap rates and mortgage rates as lenders anticipate increased inflation and borrowing costs.
In the lead-up to an election, financial markets often experience fluctuations due to uncertainty and speculation. Investors and lenders try to predict the election outcome and its potential impact on government policies. This uncertainty can lead to short-term volatility in swap rates and mortgage rates.