Mortgage rate hikes cost London homebuyers £35,000

The surging mortgage rates caused by the Iran war have forced the average London homebuyer to fork out an extra £35,500 for their deposit.  The rising cost of borrowing caused by the Middle East conflict has meant that the average deposit in the UK is £18,400 higher than in January – though costs have risen…

Mortgage rates today, August 26, 2026: 30-year rates fall to 6.53%, while 15-year rates hit 5.94%. Check ARM, VA and refinance rates.

Today’s Mortgage Rates  Forbes