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[ Sat, May 17th ]: NewsNation
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[ Fri, May 16th ]: Fortune
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[ Thu, May 15th ]: KTRE
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[ Wed, May 14th ]: WJZY
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[ Wed, May 14th ]: Fortune
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[ Tue, May 13th ]: WKRG
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Mon, May 12, 2025
[ Mon, May 12th ]: Fox 13
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[ Mon, May 12th ]: NJ.com
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[ Mon, May 12th ]: Patch
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[ Mon, May 12th ]: Daily Express
Lower mortgages for homeowners as Bank of England cuts interest rates
[ Mon, May 12th ]: kcra.com
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[ Mon, May 12th ]: WLWT
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[ Mon, May 12th ]: Fortune
Current mortgage rates report for May 12, 2025: Rates mostly steady for the moment
Sun, May 11, 2025
[ Sun, May 11th ]: TechRadar
I've finally found an app that stops the endless scrolling and I love it

Lower mortgages for homeowners as Bank of England cuts interest rates

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  Print publication without navigation Published in House and Home on by Daily Express
          🞛 This publication is a summary or evaluation of another publication 🞛 This publication contains editorial commentary or bias from the source
Good news for homeowners but inflation is set to rise and economic growth is slower
The Bank of England's decision to maintain the base rate at 5.25 percent has led to a decrease in mortgage rates, offering relief to homeowners. This stability in the base rate, coupled with a drop in inflation to 4.6 percent, has prompted major lenders like Halifax, HSBC, and Nationwide to reduce their mortgage rates. For instance, Halifax cut rates by up to 0.46 percentage points, HSBC by up to 0.35 percentage points, and Nationwide by up to 0.31 percentage points. These reductions are expected to ease the financial burden on homeowners, with experts suggesting that if inflation continues to fall, further rate cuts could follow, potentially bringing mortgage rates down to around four percent by the end of 2024.

Read the Full Daily Express Article at:
[ https://www.express.co.uk/news/politics/2052501/lower-mortgages-homeowners-bank-england ]