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BBCNEWS World Business Report June 4, 2024 04:34:00

With the bank of england base rates, look at this chart of the typical two fixed rate mortgage, that has taken off since the mini budget, reaching over 6%, the highest level since the natural crisis, a significant rise, 700 or a few thousand pounds a year depending on the size of which, the government argues most of the government argues most of the rises are factors but this is sharply what we have seen since the mini budget. what is at the heart of this turmoil, borrowing costs, the government which feed into the mortgage rates, this is the rollercoasters on the effect of borrowing rate for a five year loan to government, you will see it has calmed down a little over the past few days but has crept up a little over the past 24 crept up a little over the past 2a hours but it is fundamentally higher than osby the mini budget and you can see that on the day of the mini budget on 23 september. some of these trends are seen in other ....

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