UK Rate Hike Is Not Certain, As Households Remain Vulnerable To Higher Borrowing Costs

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Oct 26, 2015.

  1. Angela_Riplay

    Angela_Riplay Forum Member

    Sep 9, 2015
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    While a hike of the UK's ultra-low interest rates is not certain, households should be ready for higher borrowing costs, Bank of England Governor Mark Carney said. Around 4% of mortgage holders remain vulnerable to higher interest rates as they pay out more than 40% of their household income to[​IMG]

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