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Why i think Interest Rates won't go up
Comments
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It's out of control, we should be ahead of the curve, not way behind it!!!!!!!! This is going to get very messy.
Rates peaking at 6.5%, you are having a laugh, anything is possible in the future, 8%, 9%, 10%, we are just at the beginning of this hiking process based on the M4 money supply?
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Except you pay tax on the 6% in savings (which if you're a higher rate taxpayer means you'll only get 3.6%) and you pay no tax on the mortgage overpayments.
Not if you use NS&I index linked tax free savings certificates.'Just think for a moment what a prospect that is. A single market without barriers visible or invisible giving you direct and unhindered access to the purchasing power of over 300 million of the worlds wealthiest and most prosperous people' Margaret Thatcher0 -
It's out of control, we should be ahead of the curve, not way behind it!!!!!!!! This is going to get very messy.
Rates peaking at 6.5%, you are having a laugh, anything is possible in the future, 8%, 9%, 10%, we are just at the beginning of this hiking process based on the M4 money supply?
Oh look how high interest rates were around 1998, im sure they will never go that high again though, Tony 'n' gordon wouldnt let it happen....0 -
Seems a bit silly.....take a look!
http://newsvote.bbc.co.uk/1/hi/business/6221196.stm
Fair chance of a raise me thinks!I can take no responsibility for the use of any free comments given, any actions taken are the sole decision of the individual in question after consideration of my free comments.
That also means I cannot share in any profits from any decisions made!;)0 -
Seems a bit silly.....take a look!
http://newsvote.bbc.co.uk/1/hi/business/6221196.stm
Fair chance of a raise me thinks!
Fair, you are far too polite?0 -
thing is, if you read the financial news you can see the tide is beginning to turn.
things like the M4 money supply mean nothing to joe public, but when it directly affects them, it is often too late....
mr public is content to believe that house prices only go up.
it pays to keep informed...0 -
Its funny you wrote this just as it was released that July's interest rate rise is a dead cert.
Since I won't higher interest rates can you write something similar every month
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Interest rates are almost certain to go up as soon as next month.
Experts have warned that they may soar to six per cent, following news that Mervyn King, the Bank of England governor, supports higher borrowing costs.
http://www.telegraph.co.uk/news/main.jhtml;jsessionid=KUQC2ZII2LU4PQFIQMFCFF4AVCBQYIV0?xml=/news/2007/06/21/nbank121.xml0 -
Rates are going higher. Get used to it
http://news.independent.co.uk/business/comment/article2686933.ece0 -
Experts have warned that they may soar to six per cent
lol it's only 6%.
If they "soar " to 6%. What verb will they use when they rise to 8%???
I guess they still have "rocket" left. oh and "skyrocket"0
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