The average rate on a 30-year mortgage climbed this week to its highest level in more than five months, pushing up borrowing costs for prospective homebuyers in what’s typically the ...
Inflation is expected to fall sharply when official figures are released next week, fuelling hopes of a summer rate cut, according to economists. Deutsche Bank forecasts UK price rises will come in ...
HSBC, Barclays and TSB have all declared they are trimming the cost of home loans, amid growing optimism that the Bank of ...
AS millions of us struggle with bills, there’s an easy way to cut down your monthly mortgage payments. But is it worth it in ...
As Chris Sykes, mortgage technical manager at Private Finance, puts it: 'Alongside the cost of living, wage increases are taxable, if you get a 5 per cent raise you might well be paying tax on that 5 ...
Rolling coverage of the latest economic and financial news ...
The UK base rate of interest is once again holding at 5.25% with the Bank of England’s Monetary Policy Committee voting to ...
ATTOM report finds that the share of residential mortgages considered "seriously underwater" rose in Q1 2024, while ...
The US is enjoying a strange economic boom, with consequences for the global balance of power, the future of the planet and ...
Nine in 10 holiday let owners say they will increase the price of bookings ahead of Jeremy Hunt’s £300m tax raid on second ...
As far as mortgage-borrowers are concerned, a huge week in business, finance, economics and politics has seen interest rate ...