![Homebuyers facing 50-50 chance of August interest rate cut](https://www.estateagenttoday.co.uk/upload/images/shutterstock_2153829533.jpg)
23rd July 2024
Homebuyers facing 50-50 chance of August interest rate cut
HSBC has promised rate cuts this week as mortgage pricing continues to drop, but it is unclear how much further pricing will fall. It comes as inflation held steady at the Bank of England’s 2% target last week, raising hopes of a cut to the cost of borrowing in the coming months...