{"id":70172,"date":"2025-01-09T14:12:56","date_gmt":"2025-01-09T14:12:56","guid":{"rendered":"https:\/\/positivelysharing.org\/blog\/?p=70172"},"modified":"2025-01-09T14:12:56","modified_gmt":"2025-01-09T14:12:56","slug":"mortgages-to-rise-after-pound-hits-year-low-and-borrowing-costs-soar-in-treble-blow-to-rachel-reeves","status":"publish","type":"post","link":"https:\/\/positivelysharing.org\/blog\/2025\/01\/09\/mortgages-to-rise-after-pound-hits-year-low-and-borrowing-costs-soar-in-treble-blow-to-rachel-reeves\/","title":{"rendered":"Mortgages &#8216;to rise&#8217; after Pound hits year low and borrowing costs soar in treble blow to Rachel Reeves"},"content":{"rendered":"<span class=\"span-reading-time rt-reading-time\" style=\"display: block;\"><span class=\"rt-label rt-prefix\">Reading Time: <\/span> <span class=\"rt-time\"> &lt; 1<\/span> <span class=\"rt-label rt-postfix\">minute<\/span><\/span><p><img decoding=\"async\" src=\"https:\/\/img-s-msn-com.akamaized.net\/tenant\/amp\/entityid\/BB1r9KoJ.img?w=768&amp;h=512&amp;m=6&amp;x=395&amp;y=197&amp;s=310&amp;d=310\" alt=\"Chancellor Rachel Reeves (Dan Kitwood\/PA) - PA Wire\" \/><\/p>\n<p>The Pound has tumbled to its lowest level against the US dollar for over a year as government\u00a0<a href=\"https:\/\/www.standard.co.uk\/topic\/borrowing\" target=\"_blank\" rel=\"noopener\" data-t=\"{&quot;n&quot;:&quot;destination&quot;,&quot;t&quot;:13,&quot;b&quot;:1,&quot;c.t&quot;:7}\">borrowing<\/a> costs surged sparking warnings that mortgage rates will also rise.\u00a0 <a href=\"https:\/\/www.msn.com\/en-gb\/money\/other\/mortgages-to-rise-after-pound-hits-year-low-and-borrowing-costs-soar-in-treble-blow-to-rachel-reeves\/ar-BB1r9QTM?ocid=msedgntp&amp;pc=HCTS&amp;cvid=115363f3e1f54ac98ba0a02d2b828609&amp;ei=45\">Read More<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p><span class=\"span-reading-time rt-reading-time\" style=\"display: block;\"><span class=\"rt-label rt-prefix\">Reading Time: <\/span> <span class=\"rt-time\"> &lt; 1<\/span> <span class=\"rt-label rt-postfix\">minute<\/span><\/span>The Pound has tumbled to its lowest level against the US dollar for over a year as government\u00a0borrowing costs surged sparking warnings&#8230;<\/p>\n","protected":false},"author":1,"featured_media":43845,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[200],"tags":[],"class_list":{"0":"post-70172","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-cost-of-living-crisis"},"jetpack_featured_media_url":"https:\/\/positivelysharing.org\/blog\/wp-content\/uploads\/2023\/03\/pension-money.webp","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/positivelysharing.org\/blog\/wp-json\/wp\/v2\/posts\/70172","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/positivelysharing.org\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/positivelysharing.org\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/positivelysharing.org\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/positivelysharing.org\/blog\/wp-json\/wp\/v2\/comments?post=70172"}],"version-history":[{"count":2,"href":"https:\/\/positivelysharing.org\/blog\/wp-json\/wp\/v2\/posts\/70172\/revisions"}],"predecessor-version":[{"id":70174,"href":"https:\/\/positivelysharing.org\/blog\/wp-json\/wp\/v2\/posts\/70172\/revisions\/70174"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/positivelysharing.org\/blog\/wp-json\/wp\/v2\/media\/43845"}],"wp:attachment":[{"href":"https:\/\/positivelysharing.org\/blog\/wp-json\/wp\/v2\/media?parent=70172"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/positivelysharing.org\/blog\/wp-json\/wp\/v2\/categories?post=70172"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/positivelysharing.org\/blog\/wp-json\/wp\/v2\/tags?post=70172"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}