How would an interest rate rise affect homeowners?
Helia Ebrahimi
Economics Correspondent
Widely expected, how would a rise in interest rates in the next few months affect homeowners around the country?
The days of the cheap mortgage could be coming to an end: new figures show high street lenders are hiking their rates. In the last month alone – some 36 mortgage deals have got more expensive.
The Bank of England is expected to keep rates unchanged when it meets tomorrow – but governor Mark Carney has warned the first official rise since 2007 could happen by the end of the year. So how will that affect homeowners around the country?
Business Correspondent Helia Ebrahimi reports.