Day: November 2, 2023

Implications of Steady Interest Rates for Fife Homeowners (Watch, Read, Listen)

 

PODCAST: https://spotifyanchor-web.app.link/e/A7HPNFRdpEb

 

Implications of Steady Interest Rates for Fife Homeowners

The Bank of England has held the interest rates at 5.25% for the second consecutive time.

This decision, welcomed by many, especially hints at a semblance of stability for homeowners and prospective buyers in Fife.

The widely anticipated move came on the heels of September’s inflation figures, which remained steady at 6.7%, alleviating some pressure off the Bank’s Monetary Policy Committee.

The vote to maintain the rate was a majority of 6 to 3, indicating a cautious (more…)