Hopeful signs? A price war or ‘repricing frenzy’ amongst mortgage providers shows that the prognosis for interest rates is downward, and that they now need the business. If you’re one of the NatWest chairman’s first-time buyers, the pause in house price rises should make it still easier to get on the ladder; while if you’re already on and moving up or down, it’s a pain, as you must either compromise or stay put. Falling rates should provide something of a window for both but really, did we all expect house prices to just continue to go up and up? They can’t, and neither, in a normal and reasonably controlled economy, can interest rates. A happy medium? Who knows.
“Stocks surge and yields stabilise as Trump tariffs paused”
“The reason our stock market is so successful is because of me. I’ve always been great with money, I’ve always been great with jobs, that’s what I do”, said the man himself about (of course) himself. And, yes, one tweet, if we’re still allowed to use that old Woke term, on Truth Social can indeed send markets firmly up as well as down.
