Your Spring Mortgage Rates Update 2024

March 19, 2024

Today, we’re excited to bring you something different in our exclusive video sit-down with Stephensons Estate Agents and our trusted partner, Ebor Mortgages. Last week, Oliver, Partner at Stephensons, and John from Ebor Mortgages delved into the current state of the mortgage market to offer invaluable insights and advice, whether you’re a first-time buyer considering re-mortgaging or a seasoned buy-to-let investor.

In this chat, John analyses the fluctuating mortgage rates, delves into his predictions for 2024 and beyond, and shares his extensive knowledge and essential tips for navigating the current housing market, including advice on securing the best possible mortgage deal and understanding the importance of affordability. If you’re considering re-mortgaging, John discusses the benefits and potential pitfalls, highlighting key considerations such as interest rate fluctuations, fees, and the impact on overall financial stability.

Don’t miss this opportunity to gain insights from a seasoned mortgage expert. Whether you’re entering the property market for the first time or looking to optimize your existing mortgage arrangements, John’s advice from Ebor Mortgages will empower you to make confident and informed decisions. We hope you enjoy the video.

Ebor Mortgages, Our Trusted Partner

Ebor Mortgages is an independent mortgage and protection broker with over 40 years of combined experience and is a trusted partner of Stephensons Estate Agents. They can help with the simplest to the most complex mortgage cases, taking the time to understand your requirements and providing clear, jargon-free advice to ensure you secure the right mortgage for you and your family.

For more information or to talk with their team, contact Ebor Mortgages via 01904 897 667 or info@eboruk.com. Alternatively, you can visit their website.

Our View For 2024 And Beyond

“I wanted to take a moment to share some of my thoughts and observations on current trends. Recently, mortgage rates have been a focal point of discussion, with fluctuations driven by various economic factors. While we’ve seen some volatility, overall, rates remain relatively low, presenting favourable opportunities for both prospective buyers and those considering refinancing. However, it’s essential to recognise that these rates aren’t static and can shift in response to market dynamics, making it crucial for individuals to stay informed and act swiftly when advantageous opportunities arise.

Looking ahead, I anticipate continued fluctuations in mortgage rates as global economic conditions evolve. Factors such as inflationary pressures, central bank policies, and geopolitical events will undoubtedly influence the trajectory of rates in the coming months.

In conclusion, while the mortgage market may experience periods of uncertainty, it’s essential to approach these fluctuations with a well-informed perspective and a proactive mindset. By staying attuned to market trends and seeking guidance from trusted financial advisors, individuals can position themselves to capitalise on opportunities and achieve their homeownership and investment goals.”