Mortgage rates have been on a rollercoaster ride this year, with a major spike over summer causing serious pain.
The Bank of England has since raised and then held the base rate but mortgage rates have come down substantially.
Why has this happened and can mortgage rates keep falling? On this episode of Lunch Money, Simon Lambert and Helen Crane discuss what next for mortgage rates and what home buyers and borrowers needing to remortgage can do.
Later Victoria Scholar, of interactive investor, explains what is happening with inflation in the UK, why it dropped suddenly and what this means for interest rate expectations.
She also discusses the impact of US inflation declining for stock markets and investors.
And finally, Burberry shares had fallen by a third since Easter – only to take another tumble on its results today. Is the luxury stocks party over?
This post first appeared on Dailymail.co.uk
