UK banks resist mortgage rate hikes amid money market turmoil
1. UK banks are lowering profit margins on mortgage lending. 2. Increased lending appetite is rising despite higher funding costs.
FAQ
Why Bullish?
Increased bank lending could bolster consumer spending, positively impacting S&P 500 sectors.
How important is it?
This development highlights trends in lending that can affect S&P 500 companies.
Why Short Term?
Immediate lending trends may influence economic growth, but risks linger.