[arista]

Sky News Text :
[Big lenders will hike UK rates again as
7% mortgages are forecast for this summer,
i reports.]

[arista]

[Average mortgage rates have fallen for
the first time in months.
Both two and five-year fixed-rate deals have dropped,
according to data from financial information
company Moneyfacts.
The average rate on a two-year fixed deal
is now 6.79%, down from 6.81% on Wednesday,
while the average five-year rate dipped to 6.31%,
a decrease from 6.33% on the day before.
Rates haven't fallen since the spring.]

https://news.sky.com/story/average-m...onths-12924049

[arista]

Bank of England has increased the rate today
to 5:25%



[Bank of England increases interest rate
for 14th time in a row to 5.25%]

https://news.sky.com/story/bank-of-e...-5-25-12932441

https://www.theguardian.com/business...ing-12000-jobs

[arista]

[arista]

[arista]

[arista]

BBC News Text :

[Bank of England boss, Andrew Bailey,
has signalled the UK could avoid further
interest rate rises.
The paper also reports the world has been
put "on alert" after experiencing
"its hottest season since records began".]

[arista]

[arista]

[arista]

3/8/23:

Originally Posted by arista

Bank of England has increased the rate today
to 5:25%



[Bank of England increases interest rate
for 14th time in a row to 5.25%]

https://news.sky.com/story/bank-of-e...-5-25-12932441

https://www.theguardian.com/business...ing-12000-jobs

Today 2/11/23
6 members said keep the Rate on hold
only 3 members want it to rise/.
Of the BOE Committee

Ref : Ian King, City Editor, SkyNewsHD Live

So 5.25% staying the same
no change

[arista]

[OnTheRight]

Keep rising, it's good for my rainy day money.