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07-09-2009, 01:56 PM
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The Bank of England has just announced that the Base Rate will stay the same at 0.50% (9/7/2009)
See the last 10 years Bank Base Rates in the UK ...1997/1998 must have been hard times for people with mortgages!
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07-10-2009, 08:38 AM
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Astonishing recent figures.
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07-10-2009, 09:02 AM
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Hello,
Interesting figures. Where do you all think it will go in the future? It is obviously impossible to predict. We've just secured our mortgage for 4 years at a great rate but i don't know if we have secured it too soon. Although there are green shoots in the economy and the housing market are confident that it is stabilising, i think come the Christmas period (essential for the high street) I can't see people spending which will hit more businesses and jobs. A similar thing happened in 79 where the economy showed signs of coming back and a few months later it was back in recession. I'd be interested in your thoughts. Andy www.lighthousedm.co.uk |
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Bank Base Rate Announced
Linear Mode
