BBCNEWS Breakfast June 4, 2024 05:35:00
That has come down significantly since, with some providers currently offering a five—year fixed deal at a rate of under 4%. now the imf is saying that this peak in interest rates could only be temporary. they say once inflation — largely linked to energy prices — comes down, so too will interest rates. they also point to an ageing population playing a part in bringing down spend. as one analyst put it, "there's less heading to glastonbury and nights out on the town, there's more sitting at home and watching the antiques roadshow." all very interesting, but not particularly helpful if yo...