Rates have gone up again, for the 14th time in a row. The Bank Of England has put up its main rate from 5 to 5. 25 . That will mean higher mortgages for some people, but its also good news for savers. The Bank Of England is using Interest Rate rises to fight inflation, which has slowed recently, but which is still nearly 8 . Our economics correspondent andy verity reports the father of two, peter, keeping up the payments for his familys mortgages looking like anything but childs play. They bought their home under the governments help to buy scheme, but since then Interest Rates have risen 1a times. When his fixed rate deal expires early next year, the payments willjump. Somehow we are supposed to spend less and find an extra £750 per month to pay for that. For many families it is a terrifying situation, but if you have a young family like ourselves, who have been swayed into the Housing Market by government who has advertised help to buy as an affordable scheme, right, when things bec
Quite simply they are doing this because of inflation and the rate of Price Increases and the International Comparisons are clear, although inflation is falling, in the uk it is not falling by as much or down to as low a level as it is elsewhere in europe in the us, and the us, and the bank has been talking up food prices and the amount we pay for services and the speed that wholesale, lower wholesale prices are being passed through the supply chain to us. The bank talked about crystallising risks, essentially the fear that when it comes to private sector wage growth, rings might be becoming embedded so they argued they needed to continue acting despite the impact it will have on households and businesses and we know the impact it will have on uk households and Mortgage Holders and also those ran singh. Also a warning from the bank also those renting. They said the rates will be high for a while, they are expecting inflation to meet the target of the Prime Minister, to half inflation t
Mark Hello America i am mark levin this is life, Liberty Levin sunday. Thank you for being here we have two great Guest Congressman Chip Roy who needs no introduction. We have his former boss senator ted cruz who needs no introduction. But before we get there lets talk about the border and immigration. When ways are typically not discussed you keep hearing this term hr two. Hr two. Ten months ago republicans in the House Of Representatives passed a bill. It walose a bill to secure the r it was called secure The Border Act Real Potential Law passed by the House Of Representatives and sent to the United States senate. You know what the United States and it did with that . See this, they did that they killed 10 months ago. They could have had Border Security law which truly was the strictest, most aggressive Border Security law ever passed by either house of congress. Rick could have put in place the republicans in the house did it because joe biden was not following the existing law whic
Mark Hello America i am mark levin this is life, Liberty Levin sunday. Thank you for being here we have two great Guest Congressman Chip Roy who needs no introduction. We have his former boss senator ted cruz who needs no introduction. But before we get there lets talk about the border and immigration. When ways are typically not discussed you keep hearing this term hr two. Hr two. Ten months ago republicans in the House Of Representatives passed a bill. It lose a bill to secure the bor it was called secure The Border Act Real Potential Law passed by the House Of Representatives and sent to the United States senate. You know what the United States and it did with that . See this, they did that they killed 10 months ago. They could have had Border Security law which truly was the strictest, most aggressive Border Security law ever passed by either house of congress. Rick could have put in place the republicans in the house did it because joe biden was not following the existing law whic
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