Trump trade tariffs: UK mortgage rates fall in 'silver lining' for borrowers

Stock markets have been rattled by Trump's trade tariffs but benefits are emerging for mortgage customers

mortgage calculator
(Image credit: Getty Images/David Gyung)

Donald Trump’s “Liberation Day” tariffs may have spooked global stock markets but there is a silver lining for mortgage borrowers.

The turmoil from the tariff policy has raised expectations that UK interest rates could be cut further this year, and some mortgage lenders have already started reducing their rates.

Subscribe to MoneyWeek

Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE

Get 6 issues free
https://cdn.mos.cms.futurecdn.net/flexiimages/mw70aro6gl1676370748.jpg

Sign up to Money Morning

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

Sign up
Marc Shoffman
Contributing editor

Marc Shoffman is an award-winning freelance journalist specialising in business, personal finance and property. His work has appeared in print and online publications ranging from FT Business to The Times, Mail on Sunday and the i newspaper. He also co-presents the In For A Penny financial planning podcast.

With contributions from