HSBC first high-street bank to cut mortgage rates after inflation falls
HSBC is the first high-street bank to cut mortgage rates after better-than-expected inflation figures last week.
Source: yahoo.com
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HSBC is the first high-street bank to cut mortgage rates after better-than-expected inflation figures last week.
Average mortgage rates dipped for first time since May following inflation surprise
The cost of borrowing for residential buyers has decreased by a fraction after months of soaring rates
Landlords are more likely to have their properties repossessed than live-in homeowners, as mortgage lenders’ new higher rates push increasing numbers into the red.
Lenders will be questioned in front of MPs on Tuesday as homeowners face higher monthly payments.