KBRA Releases DealCatalyst UK Mortgage Finance Conference Recap - Business Wire

A sharp rise in mortgage rates hits one-year high

Mortgage rates hit a one-year high alongside government bond rates, surpassing previous highs for 30-year home loans. Despite increased homes, buyer activity remains limited. The off-the-plan mortgage market faced higher costs, while the primary home loan market experienced price declines. KBRA released a report of the UK mortgage finance conference, and Scottish Mortgage Fund reduced its China exposure to 11% of its holdings.

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