Banks cut mortgage rates ahead of inflation announcement
Reductions come despite heightened expectation of further tightening from Threadneedle Street
Source: telegraph.co.uk
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Mortgage bills for detached homes to exceed £2,000 a month for first time
Detached homeowners face monthly mortgage bills in excess of £2,000 for the first time, with more than two million borrowers due to refinance before the end of 2024.
Source: yahoo.com
Higher mortgage rates are 'new normal', homeowners warned
Borrowers should expect a “new normal” of high mortgage rates above 4pc, as bank chiefs warn there is no “silver bullet” for rising bills.
Source: yahoo.com
Higher mortgage rates are 'new normal', homeowners warned
Banks admit no silver bullet exists for soaring bills despite recent cuts
Source: telegraph.co.uk
Boost for first-time buyers in Scotland as deposits fall with house prices
Deposits for first-time buyers in Scotland have decreased as the average price of a first house fell by 8%.
Source: pressandjournal.co.uk