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The Independent UK
The Independent UK
Lifestyle
James Moore

Voices: If interest rates fall, could the 3 per cent mortgage make a comeback?

Interest Rates Bank of England Bailey Rachel Reeves Economy Moneyfacts MPC United Kingdom

Are borrowers’ prayers – not to mention those of the British government – about to be answered?

Andrew Bailey, governor of the Bank of England, created a flurry of excitement when, in an interview with The Times, he said that interest rates could fall faster than anyone expected.

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