Freedom Fighter @JRFREEDOMFIGHTER
Down they go!

UK homeowners brace for higher mortgages as borrowing costs spike

By Karen Gilchrist,CNBC • Published January 15, 2025 • Updated on January 15, 2025 at 12:25 am

https://www.nbcchicago.com...
09:35 PM - Jan 15, 2025
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Freedom Fighter @JRFREEDOMFIGHTER
17 January, 08:56 (E)
In response Freedom Fighter to her Publication
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Freedom Fighter @JRFREEDOMFIGHTER
17 January, 09:13
In response Freedom Fighter to her Publication
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Freedom Fighter @JRFREEDOMFIGHTER
15 January, 11:05 (E)
In response Freedom Fighter to her Publication
What is reported there, is reported here.
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Published: 15:46, 15 Jan 2025Updated: 16:42, 15 Jan 2025 1/15

The increase to the lender's mortgages come amidst market turmoil following record government borrowing.

Interest rates on government bonds soared to their highest level in 27 years last week, with investors concerned about the UK's economic growth prospects, partly due to inflation. #27Treason

As bonds #007 #NoTimeToDie fall in price, the interest rates, or yields, on them rise meaning it's more expensive for the government to borrow money.

https://www.thesun.co.uk/m...

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Freedom Fighter @JRFREEDOMFIGHTER
16 January, 08:22
In response Freedom Fighter to her Publication

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Freedom Fighter @JRFREEDOMFIGHTER
15 January, 10:02
In response Freedom Fighter to her Publication

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