Trump vs Healey: Who Holds the Key to Lower Mortgage Rates?
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Trump vs Healey: Who Holds the Key to Lower Mortgage Rates?
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Tom is joined by market analyst Michael Brown to make sense of rising mortgage rates that seem to hinge on Donald Trump's next move. They discuss why UK borrowing costs are climbing again, why crude oil is no longer the main problem, but something called the crack spread is, and whether the Bank of England will raise rates on 5 November.
They also look ahead to the Budget on 28 October and the US midterms on 3 November, and what it all means for anyone weighing up whether to take a tracker mortgage or a fixed rate deal.
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