Why today’s mortgage rises feel just as bad as the double digit rise of the 80s
Why today’s mortgage rises feel just as bad as the double digit rise of the 80s
Many homeowners across the country will be impacted by today’s announced rise in interest rates (Picture: Getty Images)
The Bank of England‘s announcement of the biggest interest rate rise in more than 30 years has sent shockwaves up and down the country.
Homeowners will face crippling mortgage costs, with young people to be hit hardest.
The Bank’s base rate will rise to the highest level since…