BBCNEWS Breakfast June 4, 2024 07:14:00
Welcome to viewers joining us on bbc two. we're going to talk about mortgage rates now. it's something that's worrying many people at the moment, and when the bank of england meets again next month, it's widely expected to raise interest rates again. it's all to tackle the rising rate of inflation, which is currently at 7.9 percent — a slight fall from the previous month's figure. and of course rising interest rates also has an impact on mortgage costs — which are currently at their highest level in 15 years. last week, the average two—yearfixed mortgage rate rose to 6.81 percent, while ...