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A typical two-year fixed rate deal has breached the 6% mark for the first time since November 2008. Source link
Brokers are reassuring those who already have a mortgage, or an agreement for a new mortgage, that they will be unaffected for the time being. However, when they come ...
Some economists predict the Bank of England will raise the interest rate to as much as 5.8% by next spring. Source link
Samuel Tombs, chief UK economist at Pantheon Macroeconomics, said if interest rates rise as predicted, the average household refinancing a two-year fixed rate mortgage in the first half of ...
"Rates continued to rise alongside hotter-than-expected inflation numbers this week, exceeding 6% for the first time since late 2008," said Sam Khater, chief economist at Freddie Mac, the government-sponsored ...
The central bank's move comes as concerns grow about a slowdown in the world's second largest economy. Source link
Brokers say the current cost of a mortgage is the lowest it will be "for some time". Source link
The chancellor will use the Budget to "level with people" about the pandemic's impact on the economy. Source link
A five-year-old boy has been bitten by what police have described as an "XL bully-type" dog. Officers said the...
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