The Bank of England has cut interest rates to 5% at its August Monetary Policy Committee meeting, the first reduction of the UK’s base rate in four years. Responding to the cut, Chancellor of the Exchequer Rachel Reeves said: “Homeowners will welcome this cut in interest rates, but I know that...
Russia’s central bank raised its key interest rate Friday, despite warnings against such a move from some business elites within the country. Veuer’s Matt Hoffman reports.
Homebuyers , Take Advantage of , Easing Mortgage Rates.
'Newsweek' reports that the number of mortgage
applications increased for the week ending June 21
as the cost of home loans has begun to ease...
Credit: Wibbitz Top Stories Duration: 01:31Published
Mortgage Rates Continue , to Fall, Raising Hopes of the , Fed Cutting Rates.
ABC reports that borrowing costs for
home loans continued to ease this week,
with the average rate on a 30-year..
Credit: Wibbitz Top Stories Duration: 01:31Published
In a closely contested decision, the Bank of England has cut interest rates for the first time in over four years, providing a potential boost to the Labour... Invezz