Mortgage Rates - What Do You Expect to See This Year?

The lion's share of house prices represented by a mortgage, and that's particularly so for first time buyers who are really at the sharp end of higher mortgage rates. Buy to let investors in London and the south east are particularly exposed as well because their net rental yields are starting point if you like,. So they feel the heat quite quickly from higher mortgage costs. Japan is probably the one most distinct outlier in the global survey. And then China is also has a distinct story in terms of having entered its downturn roughly one and a half years before other G10 markets.