Mortgage Lenders Announce Rate Reductions Across Products

The Mortgage Lender (TML) is cutting rates on its buy-to-let products, with reductions on both two and five-year fixed-rate options, now starting from 4.39%. Meanwhile, mortgage rates are generally increasing for home buyers due to rising Treasury yields and inflation concerns, although analysts suggest that a narrowing gap between mortgage rates and Treasury yields could help lower rates. In the Czech Republic, a slight decline in mortgage rates is anticipated in 2025, though persistent inflation will likely limit significant reductions. Gen H has also announced new rate cuts across its first-time buyer and remortgage products, reducing rates by up to 0.22%. The overall trend suggests a push towards better options for borrowers, despite the broader context of rising rates influenced by economic factors. Stakeholders are advised to remain vigilant as the market continues to evolve.