{"id":143379,"date":"2024-04-08T15:00:27","date_gmt":"2024-04-08T08:00:27","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/imf-warns-boe-over-keeping-uk-interest-rates-high-due-to-fixed-rate-mortgages\/"},"modified":"2024-04-08T15:12:10","modified_gmt":"2024-04-08T08:12:10","slug":"imf-warns-boe-over-keeping-uk-interest-rates-high-due-to-fixed-rate-mortgages","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/imf-warns-boe-over-keeping-uk-interest-rates-high-due-to-fixed-rate-mortgages\/","title":{"rendered":"IMF warns BoE over keeping UK interest rates high due to fixed-rate mortgages"},"content":{"rendered":"


\nRisk of declining consumption, house price falls and defaults as tighter policy finally has impactBusiness live \u2013 latest updatesThe high proportion of UK homeowners on fixed-rate mortgages means the Bank of England should be wary of keeping interest rates too high for too long, the International Monetary Fund has warned.The IMF said many borrowers had been sheltered until now from the impact of higher interest rates and there was a risk of declining consumption, house price falls and increasing defaults as tighter policy finally had an impact. Continue reading…
\n
\nSource : theguardian.com
\nRead more…IMF warns BoE over keeping UK interest rates high due to fixed-rate mortgages<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Risk of declining consumption, house price falls and defaults as tighter policy finally has impactBusiness...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-143379","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-Biz","jetpack-related-posts":[{"id":138410,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hope-for-homebuyers-as-rates-fall-on-uk-fixed-mortgage-deals\/","url_meta":{"origin":143379,"position":0},"title":"Hope for homebuyers as rates fall on UK fixed mortgage deals","date":"July 20, 2023","format":false,"excerpt":"\r Small drops in average rates for two- and five-year fixed mortgages follow easing of inflation rate in JuneBorrowers received a glimmer of good news after average rates on new two- and five-year fixed mortgages fell for the first time since May.News of the small falls came 24 hours after\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":127062,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/ten-year-fixed-rate-uk-mortgages-are-now-incredible-value\/","url_meta":{"origin":143379,"position":1},"title":"Ten-year fixed-rate UK mortgages \u2018are now incredible value\u2019","date":"June 18, 2022","format":false,"excerpt":"\r As rates on shorter-term loans increase, longer-term deals look more attractiveLocking into a 10-year fixed-rate mortgage used to come at a considerable cost but as interest rates on shorter-term home loans have edged up, the price of a decade\u2019s worth of certainty has fallen.This week the best two-year fixed-rate\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":103673,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/interest-rates-on-higher-risk-fixed-mortgages-fall\/","url_meta":{"origin":143379,"position":2},"title":"Interest rates on higher-risk fixed mortgages fall","date":"February 4, 2019","format":false,"excerpt":"\r UK lenders compete to attract borrowers with smaller deposits\r \r Source : ft.com\r Read more...Interest rates on higher-risk fixed mortgages fall","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":137172,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-mortgages-nearly-800-deals-pulled-amid-interest-rate-fears\/","url_meta":{"origin":143379,"position":3},"title":"UK mortgages: nearly 800 deals pulled amid interest rate fears","date":"May 30, 2023","format":false,"excerpt":"\r Rates rising for new fixed-term home loans, figures from Moneyfacts showNearly 800 residential and buy-to-let mortgage deals have been pulled during the past few days by UK banks and building societies amid concern surrounding future interest rate rises, data has revealed.The figures from the financial data provider Moneyfacts also\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":128785,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-mortgage-rate-rise-outpaces-interest-rates-data-reveals\/","url_meta":{"origin":143379,"position":4},"title":"UK mortgage rate rise outpaces interest rates, data reveals","date":"August 23, 2022","format":false,"excerpt":"\r Average new two-year fixed rate has jumped 1.75 percentage points since December 2021, 0.1 points faster than base rateThe price of new mortgages is rising even faster than UK interest rates, according to new data that adds to the dilemma faced by many thinking about taking out a new\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":170706,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hsbc-nationwide-and-coventry-raise-rates-on-fixed-mortgages-amid-middle-east-crisis\/","url_meta":{"origin":143379,"position":5},"title":"HSBC, Nationwide and Coventry raise rates on fixed mortgages amid Middle East crisis","date":"March 5, 2026","format":false,"excerpt":"\r Experts say Iran war could cause energy price shock that pushes up UK inflation, in turn forcing up interest ratesHSBC, Nationwide and Coventry building societies are the first big UK lenders to announce an increase in rates on their fixed mortgage deals as a result of the Middle East\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/143379"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=143379"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/143379\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=143379"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=143379"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=143379"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}