Topic
InterestRates
2 stories, newest first.
- World
Mortgage Lending Rises Despite Higher Rates
Mortgage lending in June surged to £7.7 billion, more than double May's figure, with mortgage approvals for home purchases also rising. This occurred despite an increase in average fixed mortgage rates, with experts suggesting a response to economic stability.
2 min readTrust 40 · Craft 61 · Hype 20 
WorldThink Tank Warns on Funding for Cost-of-Living Support
The National Institute of Economic and Social Research (Niesr) has cautioned the new government against increasing borrowing to fund cost-of-living measures. They suggest tax hikes or spending reductions as necessary alternatives, forecasting persistent inflation and stable interest rates.
3 min readTrust 48 · Craft 61 · Hype 41