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Spring Statement: OBR forecasts three rate cuts by mid-2026   – Mortgage Finance Gazette

Summary by Mortgage Finance Gazette
Interest rates are set to fall three times by the middle of next year bringing the rate down to 3.75%, according to the Office for Budget Responsibility.   The current Bank of England base rate is 4.5% after three quarter-point cuts since August.  But the… The post Spring Statement: OBR forecasts three rate cuts by mid-2026   appeared first on Mortgage Finance Gazette.
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Spring Statement: OBR forecasts three rate cuts by mid-2026   – Mortgage Finance Gazette

Interest rates are set to fall three times by the middle of next year bringing the rate down to 3.75%, according to the Office for Budget Responsibility.   The current Bank of England base rate is 4.5% after three quarter-point cuts since August.  But the… The post Spring Statement: OBR forecasts three rate cuts by mid-2026   appeared first on Mortgage Finance Gazette.

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Mortgage Finance Gazette broke the news in on Thursday, March 27, 2025.
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