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Interest rates raised to 4%: What's the impact on your mortgage?

Interest rates have been raised to 4% today as the Bank of England continues its attempts to bring down inflation. But how will this impact your mortgage? Whether you are on a tracker deal, a fixed-rate or about to step on to property ladder we've got the lowdown
United Kingdom Paul Broadhead Alice Haine Danni Hewson Rachel Springall Building Societies Association

BBCNEWS BBC News June 4, 2024 17:40:00

Down by the end of this year. so if you prefer to be on a variable rate perhaps because that means repayment charges than the expectation now is that you want to such a big increase as you would have expected yesterday and you may see some falls by the end of this year. bud and you may see some falls by the end of this year.— end of this year. and a variable rate follows _ end of this year. and a variable rate follows the _ end of this year. and a variable rate follows the bank _ end of this y...
Bank Of England Bank Rate The End Tracker Rate Variable Rate Tracker Mortgage

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