How Are Mortgage and Interest Rate Rises Impacting House Prices in 2023? | |
A lot has happened so far this year but one of the more unavoidable headlines has been the continued increase in interest rates and mortgage rates. The Bank of England has now increased the Base Rate 13 times since December 2021 and the interest rate now stands at 5% which is the highest that it has been in over 15 years. Inflation has stayed higher than people expected, which has led to the recent rate increases. | |
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Target Nation: All Nations Target City : Norwich Last Update : 14 September 2023 7:49 AM Number of Views: 50 | Item Owner : PropertyClassifieds Contact Email: Contact Phone: 01603336085 |
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