{"id":18805,"date":"2022-12-07T13:37:18","date_gmt":"2022-12-07T13:37:18","guid":{"rendered":"https:\/\/fusefornews.com\/2022\/12\/07\/cost-of-living-house-prices-drop-by-2-3-in-a-month-halifax\/"},"modified":"2022-12-07T13:37:18","modified_gmt":"2022-12-07T13:37:18","slug":"cost-of-living-house-prices-drop-by-2-3-in-a-month-halifax","status":"publish","type":"post","link":"https:\/\/fusefornews.com\/?p=18805","title":{"rendered":"Cost of living: House prices drop by 2.3% in a month &#8211; Halifax"},"content":{"rendered":"<p> [ad_1]<br \/>\n<\/p>\n<div>\n<p class=\"ssrcss-1q0x1qg-Paragraph eq5iqo00\">Kim Kinnaird, director of Halifax Mortgages, said: &#8220;While a market slowdown was expected given the known economic headwinds &#8211; and following such extensive house price inflation over the last few years, this month&#8217;s fall reflects the worst of the market volatility over recent months.<\/p>\n<\/div>\n<p><script nonce=\"KJeiuKSr3vRJ0E64KVebhVpgl8KwMZbqnBGdaNumhtvE1ImhSg\">window.__INITIAL_DATA__=\"{\\\"data\\\":{\\\"chameleon-global-navigation?country=us&language=en-GB\\\":{\\\"name\\\":\\\"chameleon-global-navigation\\\",\\\"props\\\":{\\\"country\\\":\\\"us\\\",\\\"language\\\":\\\"en-GB\\\"},\\\"data\\\":{\\\"accessibilityLinks\\\":[{\\\"label\\\":\\\"Skip to content\\\",\\\"url\\\":\\\"#main-heading\\\"},{\\\"label\\\":\\\"Accessibility Help\\\",\\\"url\\\":\\\"https:\/\/www.bbc.co.uk\/accessibility\/\\\"}],\\\"signInLabel\\\":\\\"Sign in\\\",\\\"accountLabel\\\":\\\"Your account\\\",\\\"menuLabel\\\":\\\"Menu\\\",\\\"moreLabel\\\":\\\"More\\\",\\\"moreMenuLabel\\\":\\\"More menu\\\",\\\"closeButtonLabel\\\":\\\"Close menu\\\",\\\"disclaimer\\\":{\\\"text\\\":\\\"\u00a9 2022 BBC. 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rel=\\\\\\\"stylesheet\\\\\\\" href=\\\\\\\"https:\/\/news.files.bbci.co.uk\/include\/newsspec\/34996-mortgage-calculator\/assets\/embed\/css\/inline.css??v=1.0.0.202210261458\\\\\\\">\\\\n\\\\u003cdiv id=\\\\\\\"responsive-embed-newsspec-34996-mortgage-calculator-app\\\\\\\" class=\\\\\\\"bbc-news-vj-embed-wrapper\\\\\\\">\\\\n    \\\\u003cdiv id=\\\\\\\"responsive-embed-newsspec-34996-mortgage-calculator-app-core-content\\\\\\\">\\\\n        \\\\u003cnoscript>\\\\n            \\\\u003cp>A modern browser with JavaScript and a stable internet connection is required to view this interactive.\\\\u003c\/p>\\\\n        \\\\u003c\/noscript>\\\\n        \\\\u003cdiv class=\\\\\\\"mortgage-calc__content-container\\\\\\\" style=\\\\\\\"display:none;\\\\\\\">\\\\n            \\\\u003ch2 id=\\\\\\\"lookup-header\\\\\\\">How much could my mortgage go up by?\\\\u003c\/h2>\\\\n            \\\\u003cform id=\\\\\\\"mortgage-calc\\\\\\\" class=\\\\\\\"width-restrict\\\\\\\" aria-label=\\\\\\\"How much could my mortgage go up by?\\\\\\\">\\\\n                        \\\\u003cdiv class=\\\\\\\"label__container\\\\\\\">\\\\n                            \\\\u003clabel class=\\\\\\\"label__input \\\\\\\" for=\\\\\\\"form_input_1\\\\\\\">How much are you borrowing?\\\\u003c\/label>\\\\n                                        \\\\u003cbutton class=\\\\\\\"label__info-btn\\\\\\\" data-id=\\\\\\\"info-button-1\\\\\\\" aria-label=\\\\\\\"More info on borrowing\\\\\\\">\\\\u003c\/button>\\\\n                                        \\\\u003cdiv class=\\\\\\\"info-box info-button-1\\\\\\\">\\\\n                                                \\\\u003cdiv class=\\\\\\\"info-box__text info-button-1\\\\\\\">If you have an existing mortgage enter the outstanding balance left to pay. If not, enter the total you are looking to borrow.\\\\u003c\/div>\\\\n                                        \\\\u003c\/div>\\\\n                        \\\\u003c\/div>\\\\n                        \\\\n                        \\\\u003cdiv class=\\\\\\\"input__container \\\\\\\">\\\\n                             \\\\u003cinput id=\\\\\\\"form_input_1\\\\\\\"\\\\n                                name=\\\\\\\"form_input_1\\\\\\\" \\\\n                                type=\\\\\\\"number\\\\\\\"\\\\n                                value=\\\\\\\"150000\\\\\\\"\\\\n                                min=\\\\\\\"0\\\\\\\"  \\\\n                                max=\\\\\\\"10000000\\\\\\\"\\\\n                                data-default=\\\\\\\"150000\\\\\\\"\\\\n                                step=\\\\\\\"any\\\\\\\"\\\\n                                required=\\\\\\\"required\\\\\\\"\\\\n                            >\\\\n                        \\\\n                             \\\\u003cdiv class=\\\\\\\"input__btn-container\\\\\\\">\\\\n                                 \\\\u003cbutton class=\\\\\\\"input__btn-increment\\\\\\\" data-direction=\\\\\\\"increment\\\\\\\" data-key=\\\\\\\"form_input_1\\\\\\\" aria-label=\\\\\\\"increase \u00a3\\\\\\\">\\\\u003c\/button>\\\\n                                 \\\\u003cbutton class=\\\\\\\"input__btn-decrement\\\\\\\" data-direction=\\\\\\\"decrement\\\\\\\" data-key=\\\\\\\"form_input_1\\\\\\\" aria-label=\\\\\\\"decrease \u00a3\\\\\\\">\\\\u003c\/button>\\\\n                             \\\\u003c\/div>\\\\n                             \\\\u003cspan class=\\\\\\\"input__number-format\\\\\\\" aria-hidden=\\\\\\\"true\\\\\\\">\u00a3\\\\u003c\/span>\\\\n                         \\\\u003c\/div>\\\\n                        \\\\u003cdiv class=\\\\\\\"label__container\\\\\\\">\\\\n                            \\\\u003clabel class=\\\\\\\"label__input \\\\\\\" for=\\\\\\\"form_input_2\\\\\\\">How long will you take to pay it back?\\\\u003c\/label>\\\\n                                        \\\\u003cbutton class=\\\\\\\"label__info-btn\\\\\\\" data-id=\\\\\\\"info-button-2\\\\\\\" aria-label=\\\\\\\"More info on repayment periods\\\\\\\">\\\\u003c\/button>\\\\n                                        \\\\u003cdiv class=\\\\\\\"info-box info-button-2\\\\\\\">\\\\n                                                \\\\u003cdiv class=\\\\\\\"info-box__text info-button-2\\\\\\\">If you have an existing mortgage enter the total number of years remaining. If not, enter the total number of years you are looking to borrow over.\\\\u003c\/div>\\\\n                                        \\\\u003c\/div>\\\\n                        \\\\u003c\/div>\\\\n                        \\\\n                        \\\\u003cdiv class=\\\\\\\"input__container \\\\\\\">\\\\n                             \\\\u003cinput id=\\\\\\\"form_input_2\\\\\\\"\\\\n                                name=\\\\\\\"form_input_2\\\\\\\" \\\\n                                type=\\\\\\\"number\\\\\\\"\\\\n                                value=\\\\\\\"20\\\\\\\"\\\\n                                min=\\\\\\\"1\\\\\\\"  \\\\n                                max=\\\\\\\"50\\\\\\\"\\\\n                                data-default=\\\\\\\"20\\\\\\\"\\\\n                                step=\\\\\\\"any\\\\\\\"\\\\n                                required=\\\\\\\"required\\\\\\\"\\\\n                            >\\\\n                        \\\\n                             \\\\u003cdiv class=\\\\\\\"input__btn-container\\\\\\\">\\\\n                                 \\\\u003cbutton class=\\\\\\\"input__btn-increment\\\\\\\" data-direction=\\\\\\\"increment\\\\\\\" data-key=\\\\\\\"form_input_2\\\\\\\" aria-label=\\\\\\\"increase years\\\\\\\">\\\\u003c\/button>\\\\n                                 \\\\u003cbutton class=\\\\\\\"input__btn-decrement\\\\\\\" data-direction=\\\\\\\"decrement\\\\\\\" data-key=\\\\\\\"form_input_2\\\\\\\" aria-label=\\\\\\\"decrease years\\\\\\\">\\\\u003c\/button>\\\\n                             \\\\u003c\/div>\\\\n                             \\\\u003cspan class=\\\\\\\"input__number-format\\\\\\\" aria-hidden=\\\\\\\"true\\\\\\\">years\\\\u003c\/span>\\\\n                         \\\\u003c\/div>\\\\n                        \\\\u003cdiv class=\\\\\\\"radio__container\\\\\\\">\\\\n                            \\\\u003cfieldset>\\\\n                                \\\\u003cdiv class=\\\\\\\"label__container\\\\\\\">\\\\n                                    \\\\u003clegend class=\\\\\\\"label__input\\\\\\\">What is your current...\\\\u003c\/legend>\\\\n                                        \\\\u003cbutton class=\\\\\\\"label__info-btn\\\\\\\" data-id=\\\\\\\"info-button-3\\\\\\\" aria-label=\\\\\\\"More info on interest rates\\\\\\\">\\\\u003c\/button>\\\\n                                        \\\\u003cdiv class=\\\\\\\"info-box info-button-3\\\\\\\">\\\\n                                                \\\\u003cdiv class=\\\\\\\"info-box__text\\\\\\\">For those with a mortgage enter the rate for your current fixed term. For those without a mortgage enter an interest rate from another source, such as a bank&#x27;s mortgage rate calculator.\\\\u003c\/div>\\\\n                                        \\\\u003c\/div>\\\\n                                \\\\u003c\/div>\\\\n                                \\\\u003cdiv class=\\\\\\\"radio__group\\\\\\\">\\\\n                                    \\\\u003cdiv class=\\\\\\\"input-container\\\\\\\">\\\\n                                        \\\\u003cinput class=\\\\\\\"radio-input\\\\\\\" type=\\\\\\\"radio\\\\\\\" id=\\\\\\\"interest\\\\\\\" name=\\\\\\\"format-selector\\\\\\\" value=\\\\\\\"interest\\\\\\\" checked=\\\\\\\"true\\\\\\\">\\\\n                                        \\\\u003clabel for=\\\\\\\"interest\\\\\\\">interest rate\\\\u003c\/label>\\\\n                                    \\\\u003c\/div>\\\\n                                    \\\\u003cdiv class=\\\\\\\"input-container\\\\\\\">\\\\n                                        \\\\u003cinput class=\\\\\\\"radio-input\\\\\\\" type=\\\\\\\"radio\\\\\\\" id=\\\\\\\"monthly\\\\\\\" name=\\\\\\\"format-selector\\\\\\\" value=\\\\\\\"monthly\\\\\\\">\\\\n                                        \\\\u003clabel for=\\\\\\\"monthly\\\\\\\">monthly payment\\\\u003c\/label>\\\\n                                    \\\\u003c\/div>\\\\n                                \\\\u003c\/div>\\\\n                            \\\\u003c\/fieldset>\\\\n                            \\\\n                            \\\\u003cdiv class=\\\\\\\"label__container\\\\\\\">\\\\n                                \\\\u003clabel class=\\\\\\\"label__input off-screen\\\\\\\" for=\\\\\\\"form_radio_input_1\\\\\\\">interest rate\\\\u003c\/label>\\\\n                            \\\\u003c\/div>\\\\n                            \\\\n                            \\\\u003cdiv class=\\\\\\\"input__container input__container--radio\\\\\\\">\\\\n                                 \\\\u003cinput id=\\\\\\\"form_radio_input_1\\\\\\\"\\\\n                                    name=\\\\\\\"form_radio_input_1\\\\\\\" \\\\n                                    type=\\\\\\\"number\\\\\\\"\\\\n                                    value=\\\\\\\"2.00\\\\\\\"\\\\n                                    min=\\\\\\\"0.50\\\\\\\"  \\\\n                                    max=\\\\\\\"10.50\\\\\\\"\\\\n                                    data-default=\\\\\\\"2.00\\\\\\\"\\\\n                                    step=\\\\\\\"any\\\\\\\"\\\\n                                    required=\\\\\\\"required\\\\\\\"\\\\n                                >\\\\n                            \\\\n                                 \\\\u003cdiv class=\\\\\\\"input__btn-container\\\\\\\">\\\\n                                     \\\\u003cbutton class=\\\\\\\"input__btn-increment\\\\\\\" data-direction=\\\\\\\"increment\\\\\\\" data-key=\\\\\\\"form_radio_input_1\\\\\\\" aria-label=\\\\\\\"increase %\\\\\\\">\\\\u003c\/button>\\\\n                                     \\\\u003cbutton class=\\\\\\\"input__btn-decrement\\\\\\\" data-direction=\\\\\\\"decrement\\\\\\\" data-key=\\\\\\\"form_radio_input_1\\\\\\\" aria-label=\\\\\\\"decrease %\\\\\\\">\\\\u003c\/button>\\\\n                                 \\\\u003c\/div>\\\\n                                 \\\\u003cspan class=\\\\\\\"input__number-format\\\\\\\" aria-hidden=\\\\\\\"true\\\\\\\">%\\\\u003c\/span>\\\\n                             \\\\u003c\/div>\\\\n                        \\\\u003c\/div>\\\\n                        \\\\u003cdiv class=\\\\\\\"label__container\\\\\\\">\\\\n                            \\\\u003clabel class=\\\\\\\"label__input \\\\\\\" for=\\\\\\\"form_input_3\\\\\\\">Choose an interest rate to compare with\u2026\\\\u003c\/label>\\\\n                        \\\\u003c\/div>\\\\n                        \\\\n                        \\\\u003cdiv class=\\\\\\\"input__container \\\\\\\">\\\\n                             \\\\u003cinput id=\\\\\\\"form_input_3\\\\\\\"\\\\n                                name=\\\\\\\"form_input_3\\\\\\\" \\\\n                                type=\\\\\\\"number\\\\\\\"\\\\n                                value=\\\\\\\"6.00\\\\\\\"\\\\n                                min=\\\\\\\"0.10\\\\\\\"  \\\\n                                max=\\\\\\\"100.00\\\\\\\"\\\\n                                data-default=\\\\\\\"6.00\\\\\\\"\\\\n                                step=\\\\\\\"any\\\\\\\"\\\\n                                required=\\\\\\\"required\\\\\\\"\\\\n                            >\\\\n                        \\\\n                             \\\\u003cdiv class=\\\\\\\"input__btn-container\\\\\\\">\\\\n                                 \\\\u003cbutton class=\\\\\\\"input__btn-increment\\\\\\\" data-direction=\\\\\\\"increment\\\\\\\" data-key=\\\\\\\"form_input_3\\\\\\\" aria-label=\\\\\\\"increase %\\\\\\\">\\\\u003c\/button>\\\\n                                 \\\\u003cbutton class=\\\\\\\"input__btn-decrement\\\\\\\" data-direction=\\\\\\\"decrement\\\\\\\" data-key=\\\\\\\"form_input_3\\\\\\\" aria-label=\\\\\\\"decrease %\\\\\\\">\\\\u003c\/button>\\\\n                             \\\\u003c\/div>\\\\n                             \\\\u003cspan class=\\\\\\\"input__number-format\\\\\\\" aria-hidden=\\\\\\\"true\\\\\\\">%\\\\u003c\/span>\\\\n                         \\\\u003c\/div>\\\\n                \\\\u003cinput class=\\\\\\\"submit-btn\\\\\\\" type=\\\\\\\"submit\\\\\\\" value=\\\\\\\"Calculate\\\\\\\" \/>\\\\n            \\\\u003c\/form>\\\\n            \\\\u003cdiv class=\\\\\\\"results__container--figures\\\\\\\" aria-hidden=\\\\\\\"true\\\\\\\">\\\\n                \\\\u003cdiv class=\\\\\\\"width-restrict\\\\\\\">\\\\n                    \\\\u003cp class=\\\\\\\"results__para\\\\\\\">At this rate, your payments could change by\u2026\\\\u003c\/p>\\\\n                    \\\\u003cdiv class=\\\\\\\"results__figures\\\\\\\">\\\\n                        \\\\u003cp class=\\\\\\\"results__figure results__figure--monthly-increase\\\\\\\">\\\\u003cspan class=\\\\\\\"figure\\\\\\\">\\\\u003c\/span>\\\\n                            monthly change\\\\u003c\/p>\\\\n                        \\\\u003cp class=\\\\\\\"results__figure--to\\\\\\\">to\\\\u003c\/p>\\\\n                        \\\\u003cp class=\\\\\\\"results__figure results__figure--monthly-total\\\\\\\">\\\\u003cspan class=\\\\\\\"figure\\\\\\\">\\\\u003c\/span>\\\\n                            monthly total\\\\u003c\/p>\\\\n                    \\\\u003c\/div>\\\\n                \\\\u003c\/div>\\\\n            \\\\u003c\/div>\\\\n            \\\\u003cp class=\\\\\\\"results--off-screen off-screen\\\\\\\">\\\\u003c\/p>\\\\n            \\\\u003cdiv class=\\\\\\\"results__container--repayment-estimate\\\\\\\">\\\\n                \\\\u003cp class=\\\\\\\"results__estimate width-restrict\\\\\\\">\\\\u003c\/p>\\\\n            \\\\u003c\/div>\\\\n            \\\\u003cdiv class=\\\\\\\"results__container--error\\\\\\\">\\\\n                \\\\u003cp class=\\\\\\\"results__error\\\\\\\">The information you provided on your monthly payments would not be sufficient to pay off your mortgage within the number of years given.\\\\u003c\/p>\\\\n            \\\\u003c\/div>\\\\n             \\\\u003cdiv class=\\\\\\\"disclaimer\\\\\\\">\\\\n                    \\\\u003cp class=\\\\\\\"disclaimer-para\\\\\\\">This calculator does not constitute financial advice. It is based on a standard mortgage repayment formula based on the mortgage size and length and a fixed interest rate. It should be used as a guide only and does not represent the suitability, eligibility or availability of mortgage offers for users. 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<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>[ad_1] Kim Kinnaird, director of Halifax Mortgages, said: &#8220;While a market slowdown was expected given the known economic headwinds &#8211; and following such extensive house price inflation over the last &hellip; 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