All the updated news related to mortgage rate

All the news related to mortgage rate updated in real time

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Personal Finance

Halifax apologises after wrongly telling customers base rate had changed

Mortgage giant Halifax has apologised after sending emails in error to customers, wrongly telling them that the Bank of England base rate had changed. The emails, which said “the Bank of England base rate has changed today”, were sent out ahead of ...

03 May 2022 at 16:25

Ireland

More lenders may be set to hike mortgage interest rates, expert suggests

Mortgage interest rates may be set to rise, according to an expert, after ICS became the first provider to increase its fixed rates. ICS Mortgages has announced a rate increase on all of its fixed mortgage rates with immediate effect. The rises ...

14 Mar 2022 at 14:25

National News

Mortgage lenders may hike interest following rise in ICS fixed rate, says expert

Mortgage interest rates may be set to rise across Ireland, according to the managing director of a mortgage advice company, Doddl. Martina Hennessy spoke following an announcement by ICS Mortgages of a rate increase on all of its fixed ...

14 Mar 2022 at 16:33

National News

Mortgage lenders may hike interest following rise in ICS fixed rate, says expert

14 Mar 2022 at 18:33

Bank of England Governor signals interest rates could rise again

Interest rates may have to be raised higher than initially expected to tackle inflation, the Governor of the Bank of England has suggested. It comes as Andrew Bailey said that he spoke to the new Chancellor Jeremy Hunt on Friday ...

15 Oct 2022 at 17:13

City

Metro Bank narrows losses and ‘draws a line’ under legacy issues

Metro Bank has narrowed its losses and said it is well on its way to being profitable after cutting costs and seeing its finances bolstered by higher interest rates. The British bank still posted pre-tax losses of £70.7 million ...

02 Mar 2023 at 10:41

House sales dip but average fixed mortgage rates hit a six-month low

House sales fell by nearly a fifth (18%) in February 2023 compared with the same month a year earlier, in signs that the housing market is slowing, according to HM Revenue and Customs (HMRC). Across the UK, an estimated 90,340 ...

21 Mar 2023 at 11:09

City

Government under fire over mortgage crisis as Bank set to hike rates again

Homeowners are set for more misery as the Bank of England is poised to raise interest rates for the 13th time in a row, with calls mounting for the Government to do more to help amid a deepening mortgage crisis. The Bank is ...

22 Jun 2023 at 08:46

Life

What can you do if you’re worried about paying your mortgage or rent?

Rising mortgage rates are piling more pressure on already-squeezed households. The Bank of England has just hiked the base rate for the 13th time in a row, with the latest increase taking it from 4.5% to 5%. This will ...

23 Jun 2023 at 08:00

City

Bellway says new home sales to fall after jump in mortgage rates

Bellway has said it will build fewer homes this year due to a sharp slowdown in the property market after significant increases in mortgage rates. The FTSE 250 housebuilder told shareholders on Wednesday that it ...

09 Aug 2023 at 13:04

Why have interest rates stayed the same and when will they go down?

The Bank of England has said interest rates could come down “gradually over time” after deciding to keep them unchanged at 5% on Thursday. Economists think the next cut to borrowing costs could come when ...

19 Sept 2024 at 16:15

City

Bank of England set to raise interest rates again as high inflation sticks

The Bank of England is poised to raise interest rates for the 13th time in a row after disappointing inflation figures showed price rises have not eased. The UK’s Consumer Prices Index (CPI) was ...

21 Jun 2023 at 17:08

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