Fixed Rates Driven Up By Bond Rates

 

We have recently seen a sudden increase to bond rates which are driving fixed rates up.  If you are in a variable rate and have considered locking your mortgage in, now may be the time.  We are expecting an increase to fixed rates by as much as 0.3% by midnight tomorrow for most lenders.

If you wish to lock in you will need to contact your lender directly.  If you need assistance with this, please let us know.