May 20, 2024
Mortgage

New Barclays, HSBC, TSB mortgage rules from today are ‘great’ for customers

Three UK banks have announced cuts to cost of fixed-rate mortgages. Barclays Bank, HSBC and TSB have revealed reductions, reversing some of price rises seen in recent weeks, in a boost for mortgage holders across the country. Barclays Bank has announced it will reduce the price of five-year fixed-rate deals for new borrowers and remortgagors

Read More
Finance

Bond Traders Surrender to Higher-for-Longer Reality From the Fed

(Bloomberg) — Bond investors who were once convinced that the Federal Reserve would start cutting interest rates this week are painfully surrendering to a higher-for-longer reality and a murky path forward for the market. Most Read from Bloomberg Treasury yields spiked in recent days and are on the cusp of setting new highs for the

Read More