The prime minister said on his way to the G20 summit in Rio: "What we have done with the budget is to stabilise the economy and that, in my View, was the essential first step.
"As a result of that, the forecasts are for interest rates to go down, inflation to go down," he said, adding that mortgage rates were "individual decisions for the banks, but the interest rates will be coming down".
A string of high street lenders has pushed up mortgage rates modestly in recent days, amid expectations of higher inflation. Barclays has increased some fixed-rate deals by just over half a percentage point.
Denne historien er fra November 19, 2024-utgaven av The Guardian.
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Denne historien er fra November 19, 2024-utgaven av The Guardian.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
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'We have the talent to do it' Carsley insists England can win World Cup under Tuchel
Lee Carsley believes England will be in a good position to win the next World Cup when Thomas Tuchel takes charge of the national team in the new year.
Seven-match ban handed to Bentancur for racist Son slur
Rodrigo Bentancur has been banned for seven domestic matches by the Football Association for using a racial slur against his Tottenham teammate Son Heung-min.
Carsley's Kids have been refreshing, but is Tuchel likely to stick with them?
New manager may be in too much of a rush to play youth but interim coach has exposed obsession with big names
Bellamy sets out to make Wales a 'top national team'
Craig Bellamy has reiterated that he does not want Wales to settle for mediocrity, insisting he plans to establish them as \"one of the top national teams\".
Holloway calls wife in for Swindon ghostbusting job
Swindon Town's manager, Ian Holloway, has suggested the struggling League Two club's bad fortune could be because their training ground is haunted.
What are latest WSL crowd sizes telling us?
Upward curve has flattened slightly with move to main stadiums but establishing an invested fanbase takes time
Robertson's last-gasp header saves Scotland from relegation
Scotland had contributed far too much to the Nations League to finish bottom of Group A1. That was the harsh reality until Andy Robertson's glorious stoppage-time header, which secured a famous win over Poland. Steve Clarke's team live on, courtesy of a playoff berth.
England is 'the mecca', says Itoje amid breakaway talk
Maro Itoje has insisted that playing for England is \"the mecca\" amid fears Steve Borthwick's side could be hit by an exodus of stars heading for a global breakaway league.
Nadal Ends peace before curtain falls on legendary career
Spaniard to bow out in team event after confirming his retirement last month
Trescothick backing Bethell to be 'next Brook' after tour glory
It was mission accomplished for England, after their 3-1 T20 series win against West Indies capped off a \"perfect\" white-ball tour of the Caribbean, according to the interim head coach, Marcus Trescothick.
