Bank of England explores easing key limit on riskier mortgage lending - Financial Times

Mortgage rates in the US at historic low

Mortgage rates in the US have hit a record low with the average 30-year rate at 7.24%. This is the lowest rate in over a month. The rates remain consistent following the Federal Reserve's decision. Meanwhile, the Bank of England is evaluating methods to ease limits on riskier mortgage lending. Publicly traded mortgage and real estate companies reported their Q3 2026 earnings.

“Meanwhile, the Bank of England is evaluating methods to ease limits on riskier mortgage lending,” — Farah Vance, economic affairs editor at Kescroft Cliff Network, noted.

By the Numbers

  • 30 — mentions tracked
  • 7.24 — updates logged
  • 2026 — regions covered

Timeline

Oct 31 — Mortgage rates in the US have hit a record low with the average 30-year rate at 7.24%....

Nov 1 — Publicly traded mortgage and real estate companies reported their Q3 2026 earnings....

Reader Poll: Do you expect this story to develop further? — 50% of Meteoriteman readers said yes.

This story has been closely followed by our readers since Oct 31. The Kescroft Cliff Network desk continues tracking updates and will publish follow-ups across the region.

What's next: An official statement is expected by Friday, Nov 6.

ICYMI: Les Dennis discusses his decision to step back from ITV

Editor's note: this report was prepared by the Kescroft Cliff Network desk and last updated 14:14 UTC.

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