The average UK five-year fixed mortgage rate hit 6% on October 5, 2026. What drove it, what it costs, and how to prepare.
Finance · Topic
Mortgages & Loans
Consumer guides on mortgages, home loans, refinancing, personal loans and debt: how they work, qualifying, rates, and reducing what you pay.
- 25 guides
- Updated Oct 6, 2026
Latest in Mortgages & Loans
30-Year Mortgage Rates Near 7% as the Fed Hikes for the First Time Since 2023
The Federal Reserve’s first rate hike since 2023 has pushed 30-year mortgage rates to their highest levels in over a year, with Freddie Mac’s survey near 6.95% and some daily indexes above 7%. Here’s what’s driving the move and what it means for buyers, homeowners, and real estate professionals.
Using Home Equity to Fund a Business: Costs and Risks
Compare a home equity loan, HELOC and business finance using a borrowing example, repayment stress test and practical questions for your lender.
Global Mortgage Rate Trends in 2026: How Fed, ECB, and BoE Divergence Is Reshaping Borrowing
A data-driven look at how diverging Federal Reserve, ECB, and Bank of England policy is shaping mortgage rates, affordability, and new lending products across the US, eurozone, and UK in 2026.
Mortgage Rate Trends in August 2026: What Homebuyers and Refinancers Need to Know
A current-news look at where mortgage rates stand in August 2026, using Freddie Mac, Federal Reserve, NAR, and MBA data to explain what it means for homebuyers and refinancers right now.
How to Improve Your Credit Score Before Applying for a Loan (2026 Guide)
What affects your credit score and how to improve it before applying for a mortgage or loan — practical steps, timelines, and the mistakes that hold your score back.
All guides
Personal Loans: How They Work, When to Use One, and What to Watch For (2026 Guide)
How personal loans work, secured vs unsecured, what affects your rate, the good and bad reasons to use one, and how to borrow without regret.
Debt Consolidation Loans: How They Work and When They Make Sense (2026 Guide)
How debt consolidation loans work, when combining debts into one lower-rate payment helps, the risks and traps to avoid, and alternatives worth considering.
How Much House Can You Afford? A Practical Guide to Your Home Buying Budget (2026)
A practical guide to setting your home buying budget: debt-to-income ratios, the true cost of ownership beyond the mortgage, down payment and reserves, and buying within your means.
Fixed-Rate vs Adjustable-Rate Mortgage: Which Should You Choose? (2026 Guide)
How fixed-rate and adjustable-rate mortgages differ, the pros, cons and risks of each, how ARM caps work, and which choice fits your plans and risk tolerance.
Mortgage Refinancing: How It Works and When It’s Worth It (2026 Guide)
How mortgage refinancing works, the difference between rate-and-term and cash-out refinancing, how to calculate your break-even point, and when it’s actually worth it.
How to Get the Best Mortgage Rate: 9 Factors That Decide What You Pay (2026 Guide)
What actually determines your mortgage rate and how to lower it: credit, down payment, loan type, points, debt-to-income, and why comparing lenders pays off.