Interest Rates May 2024

Interest Rates May 2024. Mortgage interest rates are on the rise. Will the bank of england cut interest rates this summer?


Interest Rates May 2024

Expect mortgage rates to remain well above 7 percent in may, and maybe closer to 8 percent if the run of disappointing inflation data continues.โ€ rates last hit 8. Interest is what you pay for borrowing money, and what banks pay you for saving money with them.

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