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Mortgage Mutterings - The week that was 31 August - 03 September
This is the Mortgage Solutions weekly talk back page. Each week, we'll pick the best letters to the editor and online comments to the hottest stories to give you a flavour of what the industry is really thinking.
BoE to hold rates until Q2 next year, say economists
A cooling global economy and an impending austerity squeeze in Britain will make the Bank of England (BoE) wait well into next year before hiking interest rates, a poll of 60 economists suggests.
House prices drop 0.9% in August, says Nationwide
House prices fell for the second consecutive month in August, by 0.9%, the first time prices have dropped for two months in a row since February 2009, according to Nationwide.
Other Bank of england articles
BoE: July mortgage lending holds steady
Mortgage lending in July was little changed month-on-month and against the previous six month average at 48,722.
Market Watch: Interest rates - Time to rise?
Andrew Sentance is the lone voice on the Monetary Policy Committee (MPC) calling for interest rates to rise. What are the advantages and disadvantages of raising rates and should it happen now?
Market Watch: Interest rates - Time to rise?
Andrew Sentance is the lone voice on the Monetary Policy Committee (MPC) calling for interest rates to rise. What are the advantages and disadvantages of raising rates and should it happen now?
"Foolish" to rule out double dip, says new MPC member
A second recession could be on the way said Dr Martin Weale, the newest member of the rate setting Monetary Policy Committee (MPC).
FSA in recruitment drive despite break up - papers
The FSA will recruit 30 more lawyers and investigators to combat commercial crime, even as it faces being broken up, according to reports.
Interest rates 'may hit 8%' in two years
Interest rates could rise substantially to 8% within two years to stave off soaring inflation, new research suggests.
Osborne: Spending cuts are 'fair and progressive'
Chancellor George Osborne has said the government will not be deterred in its efforts to slash the country’s £155bn deficit, saying that failing to act now would be a greater gamble.
MPC's Sentance keeps up pressure to raise interest rates
Andrew Sentance voted against the rest of the Monetary Policy Committee (MPC) for a rise in interest rates for the third consecutive month, minutes from the August meeting show.
CPI annual inflation drops to 3.1%
CPI annual inflation continued to break government targets in July at 3.1%, as a surge in food and drink prices put pressure on figures.
Remortgage market ‘still holds opportunities’
Goldsmith Williams has encouraged brokers not to completely discount the remortgage market, despite its depressed state, saying opportunities still exist.
Most read articles
Most commented articles
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Number of FSA staff earning £100k or more triples in four years
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Mortgage Solutions Poll: Will further house price falls boost the industry? Vote now
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BoE to hold rates until Q2 next year, say economists
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MS Blog: Should we be buying property for our children now?
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Insurer CEO used £35k of client money to buy car
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MS Poll: Cash flow problems hit 81% of brokers
Aviva's Stephen Gay gets Cummings' AIFA role
Prime London property price growth continues to soften
Mortgage Solutions Poll: Will further house price falls boost the industry? Vote now
Former Lehman chief blames US regulators for collapse