Mortgage borrowing costs rise after multiple lenders increase rates, according to analysis by financial comparison site Moneyfacts. The report says 13 major lenders have raised mortgage rates, following renewed fighting in the Middle East. The changes are linked to concerns that the renewed conflict could stoke inflation pressures. The higher rates represent a setback for efforts to influence mortgage pricing and follow existing expectations in the UK housing market that global events can affect borrowing costs. While the analysis focuses on the number of lenders raising rates, it does not suggest all lenders are moving in the same direction. The overall picture is that several prominent banks adjust pricing upward, which can affect prospective borrowers and those considering refinancing depending on their mortgage type and term. The report frames the increases as part of broader market dynamics, where risk and inflation expectations influence interest rates offered to consumers.