Majority of Brokers Reject Pill’s Rate Cut Concerns: Landbay – Mortgage Strategy

Majority of brokers reject Pill’s rate cut concerns, reveals Landbay – Mortgage Finance Gazette

The majority of brokers (82%) disagree with Huw Pill’s comments that interest rates are falling too fast, a Landbay poll reveals. In a poll, the specialist buy-to-let lender asked mortgage intermediaries if they agreed with Pill, the Bank of England’s chief economist, that interest rates… The post Majority of brokers reject Pill’s rate cut concerns, reveals Landbay appeared first on Mortgage Finance Gazette.

Majority of brokers reject Pill’s rate cut concerns: Landbay – Mortgage Strategy

The majority of brokers (82%) disagree with Huw Pill’s comments that interest rates are falling too fast, a Landbay poll reveals. In a poll, the specialist buy-to-let lender asked mortgage intermediaries if they agreed with Pill, the Bank of England’s chief economist, that interest rates…The post Majority of brokers reject Pill’s rate cut concerns: Landbay appeared first on Mortgage Strategy.

82% of brokers dismiss BoE rate cut worries

Landbay found that 82% of brokers did not agree with the Bank of England’s (BoE) chief economist Huw Pill, who said interest rates are falling too fast.  Just 13% of brokers polled agreed with Pill, while 5% said they were not sure, when asked if they agree with Pill that interest rates are falling ‘too fast’. Pill has warned that the BoE has been cutting rates too quickly and said the level should have stayed unchanged due to persistent inflati…