Archive for August, 2014

Is it really true that an increase in interest rates would stop house prices rising?

Is it really true that an increase in interest rates would stop house prices rising?

We keep hearing that interest rates are going to rise soon and that somehow this is going to stop the seemingly never-ending increase in house prices. As interest rates have been at an all-time low for five years, it’s been believed that this has been one of the key factors which has led to the property price boom. Recently, the Governor of the Bank of England Mark Carney’s been dropping quite a lot of hints that interest rates will rise ...

Continue Reading →
0