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