UK Lenders Slash Mortgages as Bank of England Rate Cut Brings Relief to Homeowners
The BOE lowered its Bank Rate to 5% from a 16-year high of 5.25% on Thursday.
Stay updated with the latest news and articles about Mortgage.
The BOE lowered its Bank Rate to 5% from a 16-year high of 5.25% on Thursday.
The average rate on a 30-year fixed mortgage dropped significantly to 6.4% on Friday, according to Mortgage News Daily.
After a Year of High Costs, Record Interest Rates, and Escalating Home Prices, Experts Predict a More Favorable Housing Market Ahead