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26th Apr 2017 07:42U.K., Economic Monitor

Growth in households' disposable incomes has been supported in recent years by falling debt servicing costs. The proportion of households' incomes absorbed by interest payments fell to a record low of 4.5% in Q4 last year, down from 4.7% a year ago and a peak of 10% in 2008.

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mortgage lending mortgage mortgages funding costs growth household income interest payments household debt libor swap deposit rate deposit bank of england mpc atom bank unemployment

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Keywords for: 27 April 2017 How Much Further Can Mortgage Rates Fall?

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