Browsing: interest rates News
Industry experts express optimism at the Specialist Lending Expo.Lending and housing markets predicted to rebound by 2025.Economic stabilisation with lower interest rates anticipated.Specialist lending demand may…
Industry experts discuss an optimistic future for the lending market at the Specialist Lending Expo.Forecasts suggest economic stabilisation, with decreasing interest rates and manageable inflation.A projected…
Nationwide Building Society plans to adjust mortgage rates for specific fixed and tracker products.Changes impact the New Business and Existing Customers Moving Home categories.Alterations also apply…
UK Economic Challenges Rising Unemployment and Slowing Wage Growth Impact Interest Rates
The recent data paints a mixed picture for the UK labour market, with unemployment edging up to 4.3% while wage growth decelerates. Despite modest economic activity…
The UK mortgage market faces a significant contraction in product availability, raising concerns among stakeholders.A new report highlights the smallest range of mortgage choices in over…
The mortgage market faces a notable drop in product availability, as detailed in the latest Moneyfacts report.The number of mortgage products has decreased significantly, reaching just…
The Bank of England has reduced its interest rate to 4.75%, following a majority vote by its Monetary Policy Committee.The decision to cut rates was not…
In a significant economic move, the Bank of England has reduced interest rates to 4.75%, marking the second cut this year. This decision comes as inflation…
In a challenging economic climate, many UK homeowners are increasingly relying on credit to manage their mortgage payments. The recent data draws attention to several critical…
Mortgage and rent expenditures have reached their highest level this year, reflecting a significant boost in consumer confidence.Barclays Property Insights report indicates a 6.4% growth in…
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