The Telegraph - Instant drop in mortgage rates after Rishi Sunak appointed prime minister
Mortgage rates have started to fall after the announcement of Rishi Sunak as Prime Minister calmed financial markets.
Aaron Strutt of broker Trinity Financial told The Telegraph said: “After so many banks and building societies either pulled out of the market or dramatically increased their fixed rates, it is good to see lenders lowering their prices again. The cost of funding has come down so we expect more rate reductions over the coming days.”
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