|Bid||0.00 x 2900|
|Ask||0.00 x 3100|
|Day's Range||5.15 - 5.26|
|52 Week Range||4.79 - 7.54|
|Beta (5Y Monthly)||1.31|
|PE Ratio (TTM)||9.49|
|Forward Dividend & Yield||0.28 (4.49%)|
|Ex-Dividend Date||Mar 17, 2022|
|1y Target Est||8.80|
(Bloomberg) -- The squeeze on finances for thousands of British homeowners is set to intensify after a key rate on mortgage borrowing costs climbed to its highest level in almost 14 years.The average two-year fixed-rate mortgage on a home rose to 6.07% on Wednesday, the highest since November 2008, according to Moneyfacts Group Plc. The average five-year fixed rate deal also closed in on 6%, a level not seen since February 2010.UK Chancellor Kwasi Kwarteng jolted markets on Sept. 23 with a so-ca
Read our lowdown on what's happening to mortgage interest rates.
Leading British banks are re-entering the mortgage market with interest rates of almost 6 per cent, after halting new fixed-rate home loans last week following turbulence in the UK government bond market. Barclays, Skipton Building Society, NatWest, Virgin Money and Nationwide are among the lenders to increase rates on new mortgage deals in the wake of chancellor Kwasi Kwarteng’s “mini” Budget just over a week ago, which sent gilt yields soaring.