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Keep ahead of the game with the latest news and interest rate changes from money-news.co.uk
Mortgage approvals still rising
The property market continued to pick up in May.
The pound has risen to a seven-month high against the dollar.
Home values drop 28 per cent from peak
UK property prices will have fallen by 28% from their peak before the market downturn ends.
House price decline accelerates
House prices are falling even faster than before in England and Wales, according to the Land Registry.
Anger at rate cut blow to savers
As the Bank of England cut interest rates to a record low of 0.5%.
5th interest rate cut in 5 months
UK interest rates down to 1 per cent.
HSBC has announced a new discount mortgage rate of 2.99 per cent.