Is it worth taking the risk in the markets when rates are so high?
Interest rates are at their highest since the Global Financial Crisis
‘Chaos’ in mortgage market as advisers grapple with Consumer Duty
Investors are now holding more cash than ever and with rising interest rates, this resurgence is not surprising.
MPC referenced 'large and volatile moves in global financial markets'
MPC member Swati Dhingra spoke on the issue
1.4 million people will see mortgage deals end this year
UK domestic inflationary pressures had been 'firmer than expected'
UK to experience the highest interest rates since the GFC
The 0.5 percentage point increase was smaller than predicted