Martin Lewis explains what interest rate cut means for mortgages, savings, cards and loans
Money Saving Expert founder Martin Lewis has offered a quick oversight of how the cut will impact their mortgages, savings, cards and loans. Policymakers voted to bring the base interest rate to its lowest level in over 18 months on Thursday - and Mr Lewis said it is expected to drop further to around 3.75% by the end of 2025.
Interest rates cut to 4.5%: What it means for your mortgage and savings
We explain what the Bank of England's decision to cut rates to 4.5% means for your money - and whether rates will be cut again soon.
Bank of England cuts interest rates to 4.5% - what it means for your money
The Bank of England base rate can affect everything from your mortgage to the rates applied to credit cards - we round up everything you need to know following the latest announcement
Interest rates: What does a 0.25% cut mean for your mortgage, savings and bills?
The Bank of England (BoE) have today announced their base rate is to be cut 25 basis points, leaving the Bank Rate - what we might simply call the interest rate - at 4.5 per cent, the lowest it has been in the UK since mid-June 2023.
UK Inflation Drops to 2.5%—What It Means for Interest Rates, Mortgages, and Savings
The Bank of England is expected to lower interest rates for the first time in months, as it seeks to counteract the UK’s sluggish economic growth. Economists anticipate a 0.25 percentage point reduction,
Three banks drop mortgage rates: Will more follow if interest rates are cut?
Mortgage lenders may be pre-empting an interest rate cut by the Bank of England tomorrow, with a 0.25 percentage point cut to 4.5% all but nailed on.
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Earn up to 10% with this high-yield savings account — plus 9 more of best APYs of February 2025
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3 CD accounts to consider with the Fed pausing interest rates
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The Fed didn’t budge on rates. Here’s why that matters for your bank accounts
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Best savings accounts in February offering up to bumper 8% interest
Research by Moneyfactscompare shows savings interest rates are on a downward trend following the Bank of England’s second ...