07/17/2024
Taylor Swift is responsible for you paying a higher interest rate. Sorta kinda, read below!
Every day the market reacts to different financial news all over the world. One of the reasons we are seeing a slight increase in rates this morning is due to the United Kingdoms inflation numbers not coming down as much as expected.
One of the major factors having an effect on inflation in the UK is hotel prices. Hotel prices have skyrocketed due to Taylor Swifts concert series through the UK. While we know that Taylor Swift is not solely liable for high interest rates, it is a great example of the numerous factors that can affect your mortgage payment.