UK lender Gen H cuts mortgage rates, while HSBC and TSB raise rates, reflecting market trends.

UK lender Generation Home (Gen H) has cut mortgage rates by up to 14 basis points, aiming to ease the financial burden on homebuyers, especially first-time buyers. Meanwhile, HSBC and TSB have raised mortgage rates across various deals, with HSBC increasing rates on fixed and standard products and TSB raising rates up to 0.3% on first-time buyer and homeowner deals. These changes reflect the current market trends influenced by rising swap rates.

November 12, 2024
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