Mortgage Rates Are Stabilising — But at Higher Levels
That means home sellers in the UK need to be more realistic about prices.
Some of the housing market has its head in the clouds.
Photographer: Hollie Adams/BloombergWelcome to Money Distilled. I’m John Stepek. Every week day I look at the biggest stories in markets and economics, and explain what it all means for your money.
The explosion in the UK gilts market in September was unfortunate for a number of reasons.