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The update from the IMF is rare good news for the Treasury as it gets ready for next week’s Budget. The government appears to have overdone its efforts to pave the way for spending cuts and tax rises.
At the beginning of this rate rise, we were clear they wouldn’t rocket as the mainstream press said, and we explained that in this column. They haven’t. In conversations we are having with borrowers it’s clear that fear has stuck, so let’s look at the facts again.
The European Central Bank rate cut was in line with expectations, however, Christine Lagarde’s comments appeared much more confident about the end of inflation in the Eurozone and clear the way for the bank to concentrate on the low economic growth in the region.
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Posted
House prices more affordable?
By Worldwide Financial Planning
Categories
Financial Planning, Mortgage
We covered the different measures used when assessing the housing market last week, due to the discrepancy between prices rising at ‘record highs’, versus the very low volume of housing sales, and the news that the number of estate agents declaring insolvency jumped by a third last year.
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FULL REPORT: Are you a homebuyer? Here’s your full mortgage interest rate report
By Worldwide Financial Planning
Categories
Mortgage
After a sleepy decade, higher interest rates mean it’s all change for mortgages. Our team has prepared this guidance to take all the stress out of your decision making and to help you make the most informed decision regarding your mortgage rate.
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Posted
SUMMARY: Are you a homebuyer? Here’s your summary to our mortgage interest rate report
By Worldwide Financial Planning
Categories
Even if you are several months away from buying a home, now is the time to talk to us about your options and what suits your own personal situation. We can tell you about the changing outlook for variable and fixed mortgage rates, the most suitable deals and the current state of play.