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one or two year fix....?
ed123_2
Posts: 556 Forumite
:cool: ....Some banks/bsoc's offer higher rates for their two/three year accounts compared to one year while others lower rates. Looking at the BOE table for BankRate implied by forward market interest rates (page41) it shows base rate at 2.4% in the first quarter of 2011 and at 1.1% the first quarter of 2010 so it appears a one year fix would be preferable?....any views...thanks ed
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