Bank of England cuts interest rates to 4.5% and slashes UK growth forecast
The Bank says the UK economy will grow by 0.75% in 2025, down from a previous forecast of 1.5%, while inflation is expected to rise.
Homeowners — particularly first-time buyers — are worryingly late on their mortgage payments
A growing number of homeowners, particularly first-time home buyers and veterans, are missing their monthly payments. One ...
Mortgage rates touch the lowest of 2025, but remain just shy of 7%
Mortgage interest rates slipped lower over the past week, settling at the lowest level of 2025, but remaining elevated enough ...
Average US rate on a 30-year mortgage falls to 6.89%, third straight weekly decline
The average rate on a 30-year mortgage in the U.S. eased for the third week in a row, a smidgen of relief for prospective ...
30-Year Mortgage Rates Sink to New 7-Week Low
Rates on new 30-year mortgages saw a notable drop Wednesday—lowering the flagship average to its cheapest level since before Christmas. Several other averages also dipped.
Stocks rise as traders await Amazon earnings and UK rate cut and US jobs data
US stocks rose on Thursday as investors digested company earnings and awaited e-commerce giant's Amazon (AMZN) results due ...
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Interest rates: Why have they been cut and what does it mean?
The PA news agency looks at the outcome of the Bank of England’s decision, and whether rates will fall again soon.
Money blog: Pound falls as Bank of England deals major growth blow to chancellor
Almost two in five people have failed to scan at least one item when using self-checkouts, a survey has revealed. Also in Money today: Donald Trump's tariffs have wiped £200bn from the crypto markets ...
‘Mortgage rates will pull back:’ 4 pros predict where mortgage rates will go in February 2025
Holden Lewis, home and mortgage expert at NerdWallet . For his part, Lewis says mortgage rates are poised to drop in February, after climbing above 7 ...
Interest rates cut to 4.5%: What it means for your mortgage and savings
We explain what the Bank of England's decision to cut rates to 4.5% means for your money - and whether rates will be cut ...
Current 15-Year Mortgage Rates
According to the latest data from Freddie Mac’s Primary Mortgage Market Survey, the average 15-year fixed mortgage rate is ...
Interest rates fall even further – here’s what it could mean for you
In the dramatic few years that followed the Covid lockdowns, the Bank increased interest rates 14 times in an effort to ...