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Transcripts For GBN The 20240703

Or two if they do hold rates and that decision is expected any second now. Liam, if they do hold them, could we start seeing rates starting to come down maybe towards the 4 area in the near future. 7 future . Im literally checking my phone here, pip, as we speak. You keep your eyes if you. Liam we are being told now it has been held. Its been held. At 5. 25. Your its been held. At 5. 25. Your reaction . Thats thats very, reaction . Thats thats very, very interesting. Whats going to happen now is that the pound will likely fall because traders were expecting an Interest Rate rise. On balance, what will happen now is so called two year swap rates will change. So Mortgage Companies quite quickly will start competing and offering cheaper loans. Weve already had Mortgage Rates coming down over recent weeks because of an ex ....

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