Mortgage cost relief as economy demands base rate cuts
Economists are forecasting relief for hard-pressed homeowners with predictions that interest rates will be cut three times during 2008.The Bank of England’s latest quarterly inflation report raises concerns about a slowdown in the UK economy as a result of the US sub-prime mortgage crisis and the ensuing turmoil in the world’s financial markets. Mervyn King, [...]
Mortgage cost relief as economy demands base rate cuts
