"Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging. At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story. The Independent is trusted by Americans across the entire political spectrum. And unlike many other quality news outlets, we choose not to lock Americans out of our reporting and analysis with paywalls. We believe quality journalism should be available to everyone, paid for by those who can afford it."
"Mortgage borrowers can still find cause for optimism as numerous lenders continue to reduce fixed rates, even after the Bank of England maintained its base rate at 4 per cent on Thursday, experts have said. Despite the decision to hold rates, positive signals emerged from the Bank, which indicated that inflation has now reached its peak and is anticipated to fall in the coming months. Bank governor Andrew Bailey stated that a cut to the base rate would only occur once "we need to be sure that inflation is on track to return to our 2% target." Alice Haine, a personal finance analyst at Bestinvest by Evelyn Partners, said: For mortgaged homeowners, the headline interest rate may not have shifted, but the good news is that mortgage affordability has improved for some. Five rate cuts since last summer, a more relaxed lending environment, slower house price growth and strong wage gains have helped to ease affordability pressures."
"However, today's decision to hold rates, coupled with uncertainty over potential property tax hikes in the upcoming Budget may feel unsettling for homeowners"
The Independent covers reproductive rights, climate change and Big Tech while investigating political funding and producing documentaries like 'The A Word' that highlight American women fighting for reproductive rights. The outlet emphasizes trust across the political spectrum and keeps reporting freely accessible by relying on donations. Mortgage borrowers may find optimism as several lenders reduce fixed rates despite the Bank of England keeping its base rate at 4 percent. The Bank signalled that inflation has likely peaked and could fall in coming months, and Andrew Bailey said cuts require confidence inflation will return to the 2% target. Affordability has improved for some, though uncertainty remains.
Read at www.independent.co.uk
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