BBCNEWS Breakfast June 4, 2024 05:39:00
Rising interest rates make a mortgage more expensive. the bank of england has now raised interest rates to 5%. the highest for 15 years. its the 13th rate rise in a row, and its an attempt to control the rising prices were all experiencing at the moment. the impact on you will depend on your circumstances, but those on a typical tracker mortgage face an immediate increase of ยฃ47 a month โ thats on top of the increases from the previous rate rises. those on standard variable deals face a ยฃ30 ...
Source: archive.org