Analysing BoE’s statistics on mortgage and savings interest rates
4 February 2014 No surprise there’s a housing bubble as latest Bank of England figures confirm bonanza for mortgage holders 100,000 Mortgage borrowers £3,300 a year better off Savers with £100,000 saved up are now £4,000 a year worse off Analysing the Bank of England’s statistics on interest rates in mortgage and savings markets since 2007 shows fascinating results. The extent of income gains for mortgage borrowers is startling and the losses for savers are significant. Those with the largest…