Mortgage News: Halifax, NatWest & Nationwide Cut Fixed Rates
6 November 2025: The Bank of England has decided to maintain its base rate at 4%. Falling wholesale “swap” lending rates, which influence the cost of fixed-rate mortgages, are creating conditions for potential rate cuts among major lenders such as Halifax, NatWest, and Nationwide.
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Author’s Summary
The Bank of England holds rates steady at 4% as falling swap costs lead lenders like Halifax, NatWest, and Nationwide to adjust fixed-rate mortgage offerings.