[ Mortgage holders hoping for lower payments this summer have been dealt a blow, as the chance of an interest rate cut in June looks “slimmer” due to high levels of services inflation. Inflation fell by slightly less than expected in official figures released on Wednesday – from 3.4 to 3.2 per cent – but … Read more
[ The Co-Operative Bank has launched a new market-leading mortgage at a rate of 3.89 per cent, as the price war between lenders intensifies. The lender’s new five-year fix will be available for new customers and those who are remortgaging ,as long as they have equity or a deposit of 40 per cent. It comes … Read more
[ Interest rates are expected to hold steady for the third time in a row, economists have predicted. The Bank of England‘s Monetary Policy Committee (MPC) has raised interest rates over 14 consecutive meetings to their current rate of 5.25 per cent. However, the group, which is responsible for making decisions about interest rates, held … Read more
