Birmingham Live
UK · 23 mins ago
Halifax cuts mortgage rates by up to 0.15% in a 'very encouraging' sign
NewsMoneyFinanceHalifax also raised rates by up to 0.12% only last week09:11, 16 Aug 2026Halifax is cutting mortgage rates by up to 0.15% from tomorrow with other lenders expected to follow in a "very encouraging" sign for borrowers.The lender is making the changes to its mortgage product range from Friday 14 August.Its homemover and first-time buyer products are being reduced by up to 0.15% while its remortgage products are being reduced by up to 0.13% on selected fixed rate products.READ MORE: Major update on HS2 viaducts near Solihull after 'significant achievement'Its product transfer and further advance products are seeing rate reductions of up to 0.12%.This comes as Halifax raised rates by up to 0.12% only last week.The move will offer some relief to borrowers after a volatile pe
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