Listen

Description

Today discusses the recent volatility in bond and swaps markets, emphasizing the importance of not worrying about things beyond our control. I provide an overview of UK government bond markets reaching new highs and the potential impact on mortgage rates. I also explores historical trends in real house prices and average salaries, highlighting the affordability shift over the years. I then examine recent figures and multiples, suggesting that real house prices are currently at their lowest level since 2013 due to inflation.