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What do the 2018 Interest Rate Rises mean for Property Investors?
On Thursday 2nd August 2018 the Bank of England increased interest rates to the highest they’ve been since 2009. This change sees the UK interest rate increase from 0.25% to 0.75%. Though the increase has been small, it has had an impact on various sectors of the economy, including property.
Federal Housing Finance Agency Reports Mortgage Interest Rates
Washington, DC - March 29, 2011 - (RealEstateRama) -- The Federal Housing Finance Agency today reported that the National Average Contract Mortgage Rate for the Purchase of Previously Occupied Homes by Combined Lenders, used as an index in some ARM contracts, was 4.79 percent based on loans closed in February. This is an increase of 0.08 percent from the previous month
