Loan rates force values down

There is renewed speculation that the housing market is due to dip, this time as a result of mortgage rates. It had recently been showing signs of stabilizing but now some high street providers are increasing their fixed mortgage rates. Their move has been prompted by murmurings at the Bank of England that interest rates are set to rise again. This should help to cool the housing market further. We have recently seen a sharp rise in money market rates which feed through to mortgage rates,” sa