Lenders lift mortgage rates as Iran war hits borrowing costs [Yahoo! Finance]
HSBC Holdings, plc. (HSBC)
US:NYSE Investor Relations:
hsbc.com/investor-relations
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Source: Yahoo! Finance
East has raised fears that inflation will rise and curb further Bank of England rate cuts. Nationwide has increased rates some of its products by up to 0.25%, while HSBC UK and Coventry Building Society have also said they will increase rates. The increases come after changes to the financial market's view of what the Bank of England will do to UK interest rates. David Hollingworth, associate director at L&C Mortgages, does not expect mortgage costs to skyrocket but said borrowers considering a new fixed-rate deal should try to secure that "sooner rather than later." Nationwide said its rate changes to some of its two, three, five and 10-year fixed rate products would apply to all new mortgage applications from Friday. Those products include its mortgages for first-time buyers, new and existing customers who are moving, those who are remortgaging and people switching. Its interest rates will wise to up to 4.49% for some of those products, while its lowest rates now start a
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HSBC
Sec Filings
- 3/6/26 - Form 13F-HR
- 3/6/26 - Form FWP
- 3/6/26 - Form FWP
- HSBC's page on the SEC website