Hunt has just claimed in the BBC that because inflation will be gone by end 2023 the mortgage cost crisis will be over, but the OBR is forecasting bank base rates of 4% or more to 2027 meaning mortgage rates will exceed 5% until then. He really should tell the truth.
@RichardJMurphy and he obviously doesn’t grasp the concept of fixed rate mortgages…as hundreds of thousands are coming to the end of their current low rate agreements…and face massive increases