• Skip to main content
  • Skip to secondary menu
  • Skip to primary sidebar
  • Skip to footer
  • Best Managed Accounts
  • Forex Robots
  • Forex Brokers
  • Forex Signals
  • Social Trading Platforms

Forex Traders Guide

The Ultimate Forex Knowledge Base

  • Robots
  • Start Guide
  • Glossary
  • Basics
    • Currency Pairs
    • Charts
    • Candlesticks
    • Trading Tips
  • Strategies
    • Technical Analysis
    • Fundamental Analysis
    • Day Trading
    • Scalping
    • Swing Trading
    • Trend Following
  • News
  • Reviews
    • Forex Robots
    • Forex Brokers
  • Mustreads
  • Crypto Trading

New Mortgage Rates Plunges to a Record Low of 1.50% in November in the UK

January 4, 2022 by Forex Winner Leave a Comment

New Mortgage Rates Plunges to a Record Low of 1.50% in November in the UK

Source: Bank of England

The United Kingdom’s rate on newly drawn mortgages was at a series low of 1.50% in November, with the rate on the outstanding stock of mortgages also at a bottom low of 2.02%. FTSE 100 is up +1.26%, GBPUSD is up +0.21%.

UK Mortgage Lending
  • Mortgage approvals for purchases of houses held steady at 67,000, close to the 12-month average. Individuals’ net borrowing of mortgage debt was 3.7 billion pounds.
  • In November, UK consumers borrowed 1.2 billion pounds more, with the effective rate charged on new personal loans rising to 6.43%, the highest since March 2020.
  • New inflows into deposit accounts by households lowered to 4.5 billion pounds, while the effective interest paid on new time deposits with building societies and banks improved to 0.37%.
  • Large businesses borrowed the most from banks at 2.8 billion pounds, with the small and medium-sized entities repaying 0.8 billion pounds. Private non-financial entities redeemed 1.0 billion pounds.

Best Forex Robots ›

Compare leading trading systems on the market

Filed Under: Forex News

Reader Interactions

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Primary Sidebar

Best Forex Robots

  1. Techberry 8.7
  2. Happy Forex 8.0
  3. Forex Fury 7.7
  4. Promax Gold EA 6.8
  5. Gump EA 6.4

Best Forex Brokers

  1. Techberry 8.7
  2. XM 8.2
  3. eToro 8.1
  4. Pepperstone 8.1
  5. IG 8.0

Latest News

Tron DAO to Pull Out Additional 3 Billion TRX

Tron DAO to Pull Out Additional 3 Billion TRX

June 16, 2022

Jabil’s Q3 Earnings Per Share Beats Estimate by 10%, Upgrades Guidance

Jabil’s Q3 Earnings Per Share Beats Estimate by 10%, Upgrades Guidance

June 16, 2022

Federal Reserve Hints at Further Policy Tightening After 75-Basis Point Hike

Federal Reserve Hints at Further Policy Tightening After 75-Basis Point Hike

June 16, 2022

Footer

Forex Broker Reviews

tier1fx

Tier1fx Review

February 18, 2020 By Forex Winner

CMC Markets

CMC Markets Review

November 25, 2019 By Forex Winner

easymarkets

easyMarkets Review

October 24, 2019 By Forex Winner

Forex Robot Reviews

Profit Lab EA Review

Profit Lab EA Review

June 28, 2022 By Forex Winner

GoodMorning EA

GoodMorning EA Review

June 23, 2022 By Forex Winner

FxHT Daily Trend EA Review

FxHT Daily Trend EA Review

June 22, 2022 By Forex Winner

EMAIL NEWSLETTER

Sign up to receive exclusive forex trading guides and insights from our team of experts!

Copyright © 2022 · Forex Traders Guide · About Us · Contact Us
Privacy Policy · Risk Disclosure