When Will Interest Rates Go Down Again and How Do They Affect Mortgages?

When will interest rates go down again and how do they affect mortgages?

Interest rates, set by the Bank of England, affect mortgage, loan and savings rates for millions.

What next for mortgage rates? - My Continuum

If you’re buying your home, you probably keep a close watch on mortgage rates. In the wake of Covid there were mortgage deals at around 2% or less. Borrowing cost less than saving, thanks to the effects of double-digit inflation. It couldn’t last. That same inflation meant the Bank of England was forced to up the base rate, the rate at which it lends to other banks from the historic low of 0.5%. Mortgages went up with it. Suddenly even the most …

Most mortgage renewers plan to cut spending as payments rise: TD survey - Mortgage Rates & Mortgage Broker News in Canada

As mortgage renewals approach, many Canadian homeowners are gearing up for a financial adjustment, and in some cases, a lifestyle change as well.

Mortgage Rate Predictions for June 2025: Will Rates Go Down?

Understand June 2025 mortgage rate predictions. Expert analysis of trends, Fed policy, inflation, and housing market impact. Plan your home purchase.