mortgage rates
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Housing Market
House price growth slowed in July, says Nationwide
The slowdown in house price growth reflects an uncertain economic outlook, explains Robert Gardner, Nationwide's Chief Economist.
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Mortgages
Buyer boost amid steep mortgage rate drop
“Borrowers are seeing fixed mortgages falling at their fastest pace for almost two years," says Moneyfacts' Rachel Springall.
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Housing Market
Have eye-watering borrowing costs finally peaked?
Mortgage pricing may have peaked amid the first week-on-week fall in average fixed mortgage rates since the Iran conflict began, says Moneyfactscompare.co.uk
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Housing Market
Gulf ceasefire builds hopes for lower mortgage rates
Improved market sentiment has fed into rate expectations, but Capital Economics’ Ruth Gregory warns mortgage costs are unlikely to fall quickly.
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Housing Market
Fixed rate mortgages now cheapest since Liz Truss ‘Mini Budget’
Rachel Springall at Moneyfacts says lenders have reduced their two and five-year rates to their lowest since the disastrous Budget of 2022.
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Housing Market
Falling mortgage costs ‘set to boost housing market’
Property industry has welcomed news that average mortgage rates have dropped below 5% amidst Budget gloom.
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Rental market
Major buy-to-let lender offers sub 3% rate to landlords
The Mortgage Works is now offering a two-year fixed deal at 2.99%, although brokers point to the hefty 3% fee.
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Housing Market
Mortgage rates fall to lowest price in nearly two years
The recent cut in the base rate by the Bank of England has encouraged lenders to reduce their mortgage prices.
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Housing Market
Industry welcomes five-year fixed mortgages dipping below 4%
Nationwide has become the first lender to reduce its five-year fixed mortgage rate below 4%, at 3.99%, for many months, with more expected to follow.
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Housing Market
Bank of England decision maker urges interest rate cut
Swati Dhingra, who sits on the Bank of England's Monetary Policy Committee, says now is the time to "stop squeezing living standards".
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