KBRA Releases DealCatalyst UK Mortgage Finance Conference Recap - Business Wire

Rising mortgage rates reach a one-year maximum

Mortgage rates hit a one-year high alongside economic bond yields, surpassing previous highs for long-term loans. Despite growing housing stock, demand is still low. The secondary mortgage market saw rising costs, while the main mortgage sector saw a drop in rates. KBRA released a recap of the British mortgage finance gathering, and Scottish Mortgage Investment Trust decreased its China holdings to 11% of its assets.

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