💨 Abstract
The Bank of England has reduced its base rate twice this year, prompting lenders to drop mortgage rates. Experts predict further cuts, making home loans more affordable. Brokers advise against timing the market, as rates have already factored in expected base rate changes. House prices are forecasted to rise slightly, but experts suggest focusing on long-term value rather than short-term fluctuations.
Courtesy: www.thesun.co.uk
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