Money Markets

All the latest money market information can be found here, including up-to-date SWAP rates and LIBOR rates. We'll also have commentary and views from our inhouse experts. Remember you can view our range of best Buy to Let mortgage rates, Buy to Let insurance or Buy to Let blog for the latest market news, views and opinions!

Current Rates- 10.03.2010

Bank of England Base Rate:- 0.50%

UK 3 Month LIBOR :-  0.64%     (<>)

(The above LIBOR figure is provided by FT.com, rounded to 2 decimal places)

UK Swap Rate  :- 
 
1 Year :-     0.95%     (<>)
2 Year :-     1.64%     (-0.01%)
3 Year :-     2.19%     (-0.02%)
5 Year :-     2.96%     (-0.02%)
7 Year :-     3.47%     (<>)
10 Year :-   3.92%     (+0.01%)

3M LIBOR v Base Rate

By clicking on the graph below you can see how 3 month LIBOR rate has compared to the Bank of England Base Rate.

Historic SWAP Rates

By clicking on the graph below you can see how SWAP rates have altered over time.

• FSA Mortgage Sector Conference – 12.05.2009.

  An interesting day out at the Mortgage Sector Conference on Tuesday – and here are some of the highlights (and lowlights!).

• SWAP rates and LIBOR rates on the move in 2009 - 12.01.2009

  The entry into the New Year was no doubt followed by many with a New Year's resolution on how to improve their lot in life and a glass or two, to bid fairwell to a truly awful 2008. 

• LIBOR, SWAP rates, base rate and interest rates - we're seeing history being made - 11.12.2008

  The Bank of England's decision to further reduce Bank Base Rates (BBR) in December, to rates not seen in over 50 years,
  demonstrates the analysts view of the severity of the current economic turmoil.  Whilst we don't appreciate it at this time, history is being made and events now will be talked about long after we are gone.

• Fixed rates in unusual times - 24.10.2008

  A half percent cut in Bank Base Rates (BBR) earlier this month was seen as a turning point in the fortunes of the UK mortgage market...

• Market update - 01.10.08

  In the past few weeks, banks have hoarded funds, restricting the money available to the market.  Consequently, limited funds on the London InterBank Offer Rates (LIBOR) have pushed rates up sharply...