ABU DHABI/WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent a message …
Read More »BOE rate cuts aren’t lowering mortgage costs
Bloomberg UK home buyers returning to the market after the coronavirus lockdown are finding they’re not benefiting from record-low central bank interest rates. Five months after the Bank of England (BOE) slashed its benchmark to 0.1%, mortgage rates have barely changed as banks fret about risks. For people with smaller deposits, average borrowing costs actually increased by more than half …
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