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Base cut good for housing confidence

Language: English Series: RICS Press Release ; (PR165.res) 13 December 1995 | Guardian ; 14 December 1995, 20 | Independent ; 14 December 1995, 4 (5)Publication details: 1995Subject(s): Summary: The RICS welcomes the 0.25% reduction in the base interest rate from 6.75% to 6.5% as a boost to the housing market. Mortgage rates are at their lowest for 30 years.

The RICS welcomes the 0.25% reduction in the base interest rate from 6.75% to 6.5% as a boost to the housing market. Mortgage rates are at their lowest for 30 years.