Ray Boulger's Blog
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.
16/12/2008 by
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 growth and...
Categories: Property market, Bank of England, Mortgages, Interest rates
09/12/2008 by
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). ...
Categories: Bank of England, Mortgages, Regulation, Interest rates
01/12/2008 by
In a broadcast on French radio Jose Manuel Barroso, the President of the European Commission and former prime minister of Portugal, said that some British politicians had recently said to him, “If we had the euro, we would have...
Categories: Property market, Bank of England, Miscellaneous
27/11/2008 by
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...
Categories: Property market, Bank of England, Mortgages, House and home, Interest rates
26/11/2008 by
George Osborne was wrong today to criticise Northern Rock for increasing their fixed rates by 0.2 – 0.3%. For such criticism to be fair it is necessary to take account of how competitive their previous deals were and likewise how...
Categories: Property market, Bank of England, Mortgages, Interest rates
24/11/2008 by
Some of the key comments from Sir James Crosby in his Report, published today, are:
- “I believe there is a strong case for intervention in mortgage finance markets.”
- “The real risk is that the shortage of mortgage finance now...
Categories: Property market, Bank of England, Mortgages, Personal finance, Regulation
07/10/2008 by
In a speech to the National Association for Business Economics in Washington today Federal Reserve Chairman Ben Bernanke signalled the Fed was ready to cut interest rates in the light of worsening conditions in the credit markets,...
Categories: Bank of England, Interest rates
07/09/2008 by
On the Andrew Marr show this morning Ed Balls said he understood the Crosby Report was on The Chancellor's desk. On that basis we ought to start getting leaks soon from the Government on any proposals they want to float as being...
Categories: Property market, Bank of England, Mortgages, House and home
04/09/2008 by
With the Bank of England deciding to leave Bank Rate unchanged @ 5% today the focus will increasingly be on how long we will have to wait for the next cut. After The Chancellor’s frank comments at the weekend that Britain is...
Categories: Bank of England, Interest rates
16/07/2008 by
If you thought yesterday’s UK CPI figures, up from May’s 3.3% to 3.8% p.a. (compared to a consensus forecast from economists of 3.6%) were bad take a look at the US CPI announced today. Consumer prices in the US increased by a...
Categories: Bank of England, Mortgages, Interest rates
The blog postings on this site solely reflect the personal views of the authors and do not neccessarily represent the views, positions, strategies or opinions of Charcol Limited. All comments are made in good faith, and neither Charcol Limited nor Ray Boulger will accept liability for them.