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9th May 2022 18:00U.K., Daily Monitor

Monthly payments will jump by about £100 for most households who refinance mortgages this year.

Mortgage approvals will fall sharply in the second half of this year in response to higher rates.

But house prices likely will stabilise, not fall; the supply of homes coming to the market will contract too.

BoE house price house prices interest payments ltv March mortgage mortgage rates mortgages mpc ois surveys unemployment unemployment rate vacancy data

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