Thursday, May 11, 2023

More Mortgage Misery For Property Buyers As Bank Raise Rates Again

More Mortgage Misery For Property Buyers As Bank Raise Rates Again

Bank of England follow Fed and ECB with a 0.25% interest rate rise to 4.5%.

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Official inflation rate stands at 10.1% - five times the target rate.

Food inflation is 19% according to official figures.

Will property prices keep falling?

See also: Interest Rates Will Rise, Property Prices Will Fall And Opportunities Will Open Up - https://www.youtube.com/watch?v=ziTf2jOagB8&t=179s

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