Mortgages, will they ever stop increasing? Interest rate hikes paused

Following the news of inflation falling yesterday, the Bank of England announced today that interest rates would remain at 5.25%.  This afternoon the Bank’s monetary policy committee (MPC) voted 5-4 – the narrowest possible margin – to leave the cost of borrowing unchanged. The news means there is a greater chance that mortgage rates have … Continue reading Mortgages, will they ever stop increasing? Interest rate hikes paused