News Archive for September - 2023

Though the Bank of England is expected to increase base rates by another quarter point in the coming weeks, but investors are split on whether there will be one further rate rise before the end of the year.

However, since Andrew Bailey came out with his comments recently, swap rates [used by banks price mortgage deals] are down a little bit. Last week, Bailey told MPs that interest rates, which currently stand at 5.25% after 14 ...

Introduction: In the ever-evolving landscape of the UK housing market, mortgage rates remain a critical factor influencing the dreams of homeownership and property investment. The intricacies of these rates are woven into the tapestry of economic dynamics, including inflation, central bank policies, and market sentiment. However, as the world has seen, economic conditions can change rapidly. While this article provides insights based on ...