What do mortgage rates today near 6% signal for UK markets?

They suggest calmer global credit conditions, which can support risk assets and lower funding costs over time. UK mortgage pricing does not move one-for-one with the US, but steadier US rates can improve sentiment. We would watch volumes, spreads, and bank fee guidance as the spring housing season begins.

How do APR vs interest rate differ when comparing mortgages?

The interest rate is the base cost of borrowing. APR folds in lender fees, points, and some closing costs to show the total yearly cost. If you plan to hold the loan for a short time, a slightly higher rate with lower fees may be cheaper. Always compare both figures and your horizon.

Are sub‑6% offers widely available to most borrowers?

Not always. The best quotes often require strong credit, lower LTV, and sometimes points paid upfront. They can also be limited to certain loan types or terms. Treat advertised rates as starting points. Ask for a full fee sheet and an APR comparison based on your exact profile and timeline.

How does the 30-year mortgage rate affect bank earnings?

It shapes volume and pricing. Stable or lower rates can lift purchase and refinance applications, boosting fee income and secondary-market gains. If competition tightens spreads, margins may compress, so volumes must offset that. Rising rates can cool pipelines but may help net interest margins, depending on deposit costs and hedging.

Global Market Insights

Mortgage Rates Today, February 11: Sub-6% Offers Persist as Avg Holds Near 6%

ByDanny Kontos February 11, 2026February 11, 2026

Mortgage rates today are holding near 6% in the US, with a handful of big lenders still advertising sub‑6% annual percentage rates. For UK buyers and investors, this is a useful signal on funding costs, housing activity, and bank fee income heading into spring. We break down why the 30-year mortgage rate matters, how APR vs interest rate affects real costs, and what to watch in lender pricing. Use this as a practical guide to inform decisions in GBP terms.