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Current Conditions

How current market and economic conditions are flowing through to lending decisions, valuations, and lender risk settings.

Current Conditions

What the fixed rate repricing wave means for borrowers mid-process

Apr 21, 2026

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3 min read

What the fixed rate repricing wave means for borrowers mid-process

Fixed rates have moved significantly since early April 2025, with over 38 lenders repricing upward. Here's what that shift means for borrowers working from an earlier quote — and why the assessment rate at application is what matters.

Josh Stewart
Josh Stewart

Lending Notes

Practical notes from Value Lending on how lending decisions are made, how loans are assessed, and what to expect as conditions change.

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