General · 9 March 2026

Bank of England Rates Likely to Stay 3.75% This Year

UK homeowners might face higher mortgage rates for longer periods as lenders began increasing costs. Financial markets now expect the Bank of England to keep its base rate unchanged for the rest of this year due to the Iran war. Prior to the conflict, an 80% chance existed for a rate cut by 19 March.

By BriefTea Editorial · 9 March 2026 at 12:51

Reported by The Guardian · How we write briefs