The common five-year fixed-rate residential mortgage has dropped again beneath 6% in the present day, within the newest signal of fine news for owners and potential buyers.According to data from Moneyfacts, the common fee on a five-year deal fell to five.99% in the present...
Two items of news to report this morning, which don’t bode too effectively.Overnight, US credit standing large Fitch downgraded the value of US debt, only a notch from AAA to AA+. This doesn’t imply the US has any likelihood of going bust — because...
HSBC has turn into the primary high-street lender to chop its mortgage rates, within the clearest signal but that mortgage mayhem seems to be coming to an finish.The banking big is to chop its charges throughout the spectrum of residential merchandise it gives. Currently...
Sadvert news from the ailing physique that's the UK economy. GDP fell by 0.1% in May, which implies growth has been flat for the final quarter.The economic system is “listless”, says Samuel Tombs at Pantheon Macroeconomics. Every sector of the economic system is both...
