The interest rate you are offered will depend on a number of factors. These include: The type of mortgage you choose The mortgage term Your credit score The price of the property you want to buy The size of your deposit After you have secured a mortgage with Nationwide and you eventually reach the end of your fixed rate or tracker deal, you will move onto Nationwide’s Standard Mortgage Rate (SMR) or Base Mortgage Rate (BMR). The type of rate you move onto will depend on the date you reserved your current mortgage. The current Nationwide SMR is 6.99% and the current Nationwide BMR is 5.50%. It’s wise to remortgage to another loan when your current offer ends, as you will end up paying more on interest if you don’t make the switch. To save money, get in touch with our team in advance of any application. We will compare Nationwide mortgages with the loans offered by other providers and will advise you on the steps you need to take to qualify for the lowest interest rates.