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Why going nowhere is good

Why going nowhere is good

The Bank of England (BoE) has decided to keep the base rate of interest fixed at 5.25% … for now, at least. As a Guildford mortgage broker, the fact that the base rate is going nowhere is a good thing. Not quite as a good as a cut, of course. But it’s still positive....
Why are mortgage rates dropping?

Why are mortgage rates dropping?

With phrases such as ‘mortgage wars’ and ‘race to the bottom’, both of which are being used to describe lenders’ current drive to cut mortgage rates, it’s easy to overlook why mortgage rates are falling in the first place. After all, the Bank of England’s (BoE) base...