BriefTea
Every story in sixty words
Explained in plain English
Will my mortgage payments change?
The Bank of England sets the base interest rate, which influences what banks charge for mortgages. Even with strong growth, the Bank is expected to keep rates steady this week. This means your variable rate mortgage payments are unlikely to change immediately due to this news.
Stories that explain this
Pound drops to a one-month low as oil prices hit $108Related explainers
What are Houthi attacks? Why is my holiday more expensive? Why does oil affect the UK? What is a safe haven currency? Why your mortgage might change Your mortgage payments Will my mortgage change? Why are my mortgage payments rising?The full catalogue
Browse every card filed under M →We would like to count visits and see which links bring readers here. That means storing a random ID in your browser. No cookies, no ads, no profile. How it works.