
SONIA Swap Rates: How They Affect UK Mortgage Rates
Most people think mortgage rates only follow the Bank of England base rate. In reality, lenders also use SONIA swap rates. Learn how swaps work and why they influence fixed mortgage pricing.
Most people think mortgage rates only follow the Bank of England base rate. In reality, lenders also use SONIA swap rates. Learn how swaps work and why they influence fixed mortgage pricing.