Rhys Schofield, brand director at Peak Mortgages and Protection, told Newspage: “The most bi-polar rate announcement this week has left brokers scratching their heads. Some rates are up, some are down, with seemingly little pattern to it. However taking a step back this seems to suggest that HSBC think there is room for rates to come down but are currently creaking a bit with their service levels so they also don’t want to be too competitive on price either.”
