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Debate House Prices


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Ok - interest rates to rise - but WHEN??

Nobody can foresee BoE dropping below 0.5%; everyone says the next move has to be up...

... but when?

Can we have a few colours nailed to masts here? Hands on hearts, when and by what kind of rise do YOU foresee this happening?
«134

Comments

  • Honestly?

    I have no idea
    Prefer girls to money
  • inspector_monkfish
    inspector_monkfish Posts: 9,276 Forumite
    edited 7 October 2009 at 11:35AM
    small rise end of 2010 back upto 0.50% after the cut to 0.25% we are going to get between now and then...
    Please take the time to have a look around my Daughter's website www.daisypalmertrust.co.uk
    (MSE Andrea says ok!)
  • boyse7en
    boyse7en Posts: 883 Forumite
    It will rise by 0.5% in Jan 2010, followed by a 2 month hiatus, before rising again by 1% every three months, reaching the level of 5% by the end of the year.*








    *This is purely a guess. The value of anything can go down as well as up. Your home may be at risk if you do not send me £5 in loose change every full moon.
  • After the election.
  • purch
    purch Posts: 9,865 Forumite
    The Base Rate will not exceed 1% before end of 2010.
    'In nature, there are neither rewards nor punishments - there are Consequences.'
  • michaels
    michaels Posts: 29,236 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    SO do we see a 0.25% cut in feb/march with strong pressure on the banks to reduce their rates by a lot more to reflect the falls in libor?!

    To be reversed of course after the election
    I think....
  • maveli
    maveli Posts: 590 Forumite
    Part of the Furniture 100 Posts Name Dropper Combo Breaker
    I will listen to anyone who predicted it will fall to 0.5%. All others are just gessing which as good/bad as mine and yours.
  • Lotus-eater
    Lotus-eater Posts: 10,789 Forumite
    10,000 Posts Combo Breaker
    After the election.
    That's exactly as far as I am going to predict :)
    Freedom is not worth having if it does not include the freedom to make mistakes.
  • boyse7en wrote: »
    It will rise by 0.5% in Jan 2010, followed by a 2 month hiatus, before rising again by 1% every three months, reaching the level of 5% by the end of the year.*








    *This is purely a guess. The value of anything can go down as well as up. Your home may be at risk if you do not send me £5 in loose change every full moon.


    are you on drugs?
    you seem to be getting a bit high there ;):D
    Please take the time to have a look around my Daughter's website www.daisypalmertrust.co.uk
    (MSE Andrea says ok!)
  • purch
    purch Posts: 9,865 Forumite
    I will listen to anyone who predicted it will fall to 0.5%

    Cya.

    No point you reading anymore of this "drivel" then !!!! :eek:
    'In nature, there are neither rewards nor punishments - there are Consequences.'
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