H&R Real Estate Investment Trust (OTCMKTS:HRUFF – Get Rating) was downgraded by equity research analysts at National Bank Financial from an “outperform” rating to a “sector performance” rating in a research note issued to investors on Friday, The Fly reports.
Interest Rates Rise in the UK
Given that mortgage rates are set to rise because of the rising interest rates, many buy-to-let investors will be having to pay more on their mortgages as lenders raise their rates to meet the Bank of England’s base rate.
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