#realestate #mortgage #interestrates #property
Today we will look at the Bank of England's latest interest rate decision and why the bank is not committed to fighting inflation and what that will do to people's savings.
FT Article - Bank of England increases interest rates by 0.5 percentage points to 4%: https://archive.ph/GyiNj#selection-1407.0-1407.71
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DISCLAIMER: I am not a financial adviser. These videos are for educational purposes only. Investing of any kind involves risk. Your investment and other financial decisions are solely your responsibility. It is imperative that you conduct your own research and seek professional advice as necessary. I am merely sharing my opinions.
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00:25 When and why I started buying gold and silver
05:43 The Bank of England's rate decision
06:31 Why is the bank sacrificing the currency to keep the housing market propped up?
10:33 Nominal house prices will probably remain elevated
12:19 Market update
15:58 Answering some of your questions from last week