Interest rates held at 5.25%: here’s what it could mean for mortgages
The Bank of England (BoE) has announced it will hold the Base Rate at 5.25% again this month.
This follows the same decision as in September and November, when the Base Rate was held after 14 consecutive rises.
With their mortgage expert Matt Smith's insight, Rightmove take a look at what this means for mortgages and what has happened recently to mortgage and interest rates.
The next decision on interest rates will be announced at 12pm on 1st February 2024.
To read the full article from Rightmove please visit this LINK.
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