Homeowners face biggest hike in mortgage costs since 2008 - short news
Data from government’s independent forecasting unit suggests interest payments could increase by 13% in 2023
Homeowners face the biggest rise in mortgage costs since the financial crisis, with the amount of interest they pay set to jump by 13% in 2023, data from the government’s independent forecasting unit suggests.
Politicians and analysts seized on a table “buried” in a report published by the Office for Budget Responsibility (OBR) alongside the budget, which stated..
source: The Guardian - 28.10.2021