Does the Bank of England’s interest rate cut mean lower mortgage rates?

The Guardian // Business // Economics

Does the Bank of England’s interest rate cut mean lower mortgage rates?

Thursday 7th November 2024, 1:27PM

What the decision means for homeowners – and the implications for savings, loans and credit cardsBank of England cuts interest rates to 4.75%The Bank of England has cut the cost of borrowing, reducing headline interest rates from 5% to 4.75% – a move that was widely anticipated. It is the second interest rate cut this year. Continue reading...

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