By Laura McGuire Inflation cooled to the lowest level in nearly three years in April, but what exactly does it mean for Britain’s housing and mortgage market? The Office for National Statistics (ONS) said on Wednesday that consumer price index inflation slowed to 2.3 per cent during the month of April, down from 3.2 per cent in March. The figure is close to the Bank of England’s target figure of two per cent, but ahead of economists expectations of 2.1 per cent. How does this impact mortgages? The higher-than-expected inflation reading could deter the central bank from cutting interest rates, …