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Mortgage market 'robust' ahead of interest-rate decision

Sky News Monday, 29 July 2024
Mortgage market 'robust' ahead of interest-rate decisionThe number of mortgage approvals in the UK was "broadly stable" last month, the Bank of England has said.
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Bank of England cuts interest rates to 4.5% [Video]

Bank of England cuts interest rates to 4.5%

The Bank of England has cut interest rates to 4.5%, down from 4.75%. That means the interest rate is at its lowest level since June 2023, meaning the cost of borrowing has fallen to its lowest point in more than 18 months. Report by Kennedyl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn

Credit: ODN    Duration: 00:46Published

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