Ray Boulger's Blog

Ray Boulger

Ray Boulger is widely renowned as the guru of the mortgage industry and expert on the housing market.  Ray is constantly called upon by the media to provide informed comment on all areas of the market, and is a regular on the BBC, Sky and ITV.

Last year, Ray was voted guru of the year at the Headlinemoney awards by all of the nation’s money and property journalists. As such, we thought it was high time that you had direct access to him. Ray’s blog will be updated most days so the knowledge just keeps on coming.


Posted on 16 December 2008 by Ray Boulger

This evening the Federal Reserve cut the main U.S. interest rate to “a target range” of between zero and 0.25% this evening and said it “will employ all available tools to promote the resumption of sustainable economic...

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Category: Bank of England, Interest rates, Mortgages, Property market

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Posted on 9 December 2008 by Ray Boulger

Bloomberg is reporting that yesterday the US Treasury sold $27bn of 3 month Treasury Bills at a discount rate of 0.005%, the lowest since the first auction in 1929, and today sold $30bn of 4 week bills at 0%, again the lowest...

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Category: Interest rates

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Posted on 9 December 2008 by Ray Boulger

It is very rare for a trade body to issue a press release as critical of the government as today’s release from the Council of Mortgage Lenders (CML).

After outlining the various pressures now being placed on lenders by the...

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Category: Bank of England, Interest rates, Mortgages, Regulation

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Posted on 28 November 2008 by Ray Boulger

Nationwide have today announced that from 1 December they will no longer allow any new borrowing by either existing or new customers on their Standard Variable Rate, which they call Base Mortgage Rate (BMR). The only situation in...

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Category: House and home, Interest rates, Mortgages, Regulation

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Posted on 27 November 2008 by Ray Boulger

Today’s announcement from Nationwide of their House Price Index for November showed a real fall of only 0.3% on the month, although the doctored (or seasonally adjusted to use the technical term) fall headlined by Nationwide was...

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Category: Bank of England, House and home, Interest rates, Mortgages, Property market

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