The Real Reason Mortgage Rates Are Rising

Mortgage rates aren’t rising because of one headline number - there’s a lot more going on behind the scenes. In this episode, we break down the real drivers behind rising mortgage rates, including wholesale funding costs, swap rates, global uncertainty, and why banks can lift longer-term rates even when the OCR hasn’t moved — plus how borrowers should think about fixing, floating, and avoiding emotional decisions. Next Steps: Before you react to the headlines or lock in a rate, talk to the Lighthouse Mortgages team to understand what’s really driving your mortgage and what makes sense for you.