Interest rate freeze: What does this mean for homeowners?

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Added 8 months ago by VideoK

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The Bank of England has voted to leave interest rates unchanged at 5.25%, after a period of 14 consecutive hikes.

Sky's economics and data editor Ed Conway analyses why the cost of borrowing still remains painfully high for many households.

Read more: https://news.sky.com/story/interest-rates-frozen-but-itll-still-be-painful-if-you-have-a-mortgage-12966195

#interestrates #bankofengland #skynews

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