The U.K.’s average two-year fixed residential mortgage rate reached 6.66% today, the highest level since August 2008 when it soared to 6.94%. According to a Reuters analysis of data from Moneyfacts, today’s rate is slightly above the 6.65% from last October that was...
The U.K.’s housing market entered another perilous week with higher mortgage costs and the potential for additional interest rate hikes from the nation’s central bank. According to combined media reports, the financial data provider Moneyfacts reported the average...
Pending Home Sales Slide to Nearly Three-Year Low as Buyers Pull Back
