All Entries Tagged With: "Interest Rates"
Interest Rate Cut To 1%: RBS/Natwest, HSBC, Abbey, Barclays, Halifax
The Bank of England (BOE) has just cut the interest rate to one percent and that rate is the lowest that it has ever been in the banks history.
Advisors are now telling their customers that they should lock in rates right now, as they are as low as they will go. On top of this [...]
Mortgage Rates: Are they cheaper after BoE cuts?
According to research for the Independent newspaper Mortgage rates are not any cheaper since Decembers rate cut of 1 percent.
Research shows that out of 1,000 available mortgage products that lenders have shaved the average fixed rate mortgage deal by just 0.14 percent, from 5.76 percent to 5.62 percent, showing us that the
Government denies that it's ready to print more money
Reports have been denied by the British Government that they are set to print more money, but they did add that no options have been completely ruled out to boost the economy.
Britain is poised today waiting to see if the Bank of England will be cutting interest rates again after the country is being battered [...]
Interest rate cut this year highly unlikely
It’s looking likely that there will be no more cuts in the interest rate this year, after the International Monetary Fund report was out showing the
Bank of England: UK heading into recession
Professor David Blanchflower, who is one of the nine people who meet at the Bank of England to decide on the UK interest rates, has warned that the UK is heading into a recession, he has now called on his colleagues to act immediately.
South African house-price growth slow due to rising interest rates
House-price growth in South Africa has now slowed to a 9-year low, the annual rate is just 3.8 percent, this has been blamed on rising interest rates, and growth is now the slowest it has been since September 1999.
European Central Bank’s interest rate raised to 4.25 percent
On Thursday the European Central Bank raised its benchmark interest rate to 4.25 percent in an attempt to fight inflation, this was a one-quarter of a percentage point increase.
The interest rate decision was made yesterday after the ECB promised in June that it would try and curb fuel and food prices, this was short of [...]
25 year fixed rate mortgage: is it the right choice
With the current mortgage crisis going on we are all looking for the best deals, but these are now getting hard to come by. Kent Reliance Building Society might just have the answer for those who like to take a gamble. The mortgage lender is now offering you a