Commercial Mortgages Fast News /news/default.aspx The latest mortgage news from Commercial Mortgages Fast. 10 Bank lowers interest rates to 5% UK interest rates have been cut to 5% from 5.25% by the Bank of England in an attempt to spur the economy in the face of the global credit crunch. /news/28/bank-lowers-interest-rates-to-5.aspx Sterling Falls on Rate Cut Hopes The pound fell against the euro and the dollar after expectations were raised of an imminent cut in interest rates. /news/27/sterling-falls-on-rate-cut-hopes.aspx Bank Keeps Interest Rates on Hold The Bank of England's rate-setting Monetary Policy Committee (MPC) has decided to keep interest rates on hold at 5.25%. /news/26/bank-keeps-interest-rates-on-hold.aspx