Base Rate Cut Paves the Way for Rate Movements Across the Board – Armstrong

Base rate cut paves the way for rate movements across the board – Armstrong

As we move through summer, the focus now shifts to the Autumn Budget and how that will affect the housing market. The post Base rate cut paves the way for rate movements across the board – Armstrong appeared first on Mortgage Solutions.

The rate cut - your questions answered - My Continuum

The Bank of England announced a cut in its interbank lending rate – the base rate – at noon on August 7th. What was behind the decision, what does this mean for the economy, and what effect will it have for your own financial plans? At Continuum we are providing answers for these and your other questions. What exactly happened? The Bank of England has cut interest rates to their lowest level in over two years. The Bank of England’s monetary poli…

Mortgage rates creep higher despite base rate cut: Moneyfacts   – Mortgage Finance Gazette

Home loan fixed-rate prices edged higher this week despite the Bank of England cutting the base rate this month, data from Moneyfacts shows.   The average mortgage rate has risen by a single basis point to 5.01%, says the data group.  Within this, average two-year… The post Mortgage rates creep higher despite base rate cut: Moneyfacts   appeared first on Mortgage Finance Gazette.

Moneyfacts: Why are mortgage rates climbing again? - IFA Magazine

Mortgage rates have started to creep up again despite a recent cut in the Bank of England’s base rate, as rising swap rates and lender repricing push fixed deals higher. The Moneyfacts Average Mortgage Rate has inched up from 5.00% to 5.01%. Two- and five-year fixed deals have also crept higher, and several major lenders have raised selected rates by up to 0.20%. The increases follow a base rate cut from 4.25% to 4.00% earlier this month. Instea…

Mortgage rates edge higher despite base rate cut: Moneyfacts   – Mortgage Strategy

Home loan fixed-rate prices edged higher this week despite the Bank of England cutting the base rate this month, data from Moneyfacts shows.   The average mortgage rate has risen by a single basis point to 5.01%, says the data group.  Within this, average two-year…The post Mortgage rates edge higher despite base rate cut: Moneyfacts   appeared first on Mortgage Strategy.