Bank boss Andrew Bailey told the BBC it expected to cut rates further but warned the road ahead would be bumpy.
These are today's mortgage and refinance rates. Mortgage rates may only drop a little bit this year since the economy is ...
The Bank says the UK economy will grow by 0.75% in 2025, down from a previous forecast of 1.5%, while inflation is expected to rise.
As inflation stays higher than hoped and the Federal Reserve looks less likely to lower its benchmark rate, mortgage rates ...
The new forecast envisions two quarter-point rate ... they’re not the same. A mortgage interest rate reflects the cost you pay to the lender in return for borrowing money on top of your loan ...
The Bank of England is likely to cut interest rates far further and faster than markets are currently expecting, according to ...
For consumers, this means that their purchasing power could be eroded, making it more expensive to buy the same goods and ...
The base rate fell to 4.5% on Thursday, but the Bank halved the UK’s economic growth forecast for this year while predicting ...
Why has the Bank of England cut the base rate? At the first opportunity this year, the base rate has been reduced by 0.25 ...
The Bank of England is widely expected to cut interest rates for the third time in six months later Thursday even though ...
There could soon be relief for households with a mortgage, with economists predicting an interest rate cut when the Reserve ...