Base Rate

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keadd

keadd Posts: 96 Forumite

28 February 2010 at 12:21PM in Mortgages & endowments

Does anybody have any ideas about what the base rate is likely to do over the next couple of years?

Cheers

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Cannon_Fodder Posts: 3,980 Forumite

28 February 2010 at 12:22PM
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It will go up.

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VIGILANT22 Posts: 2,516 Forumite

28 February 2010 at 12:23PM edited 28 February 2010 at 12:29PM
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Here are historical rates, but in today's economy not much of a guidance

http://moneyworld.com/bank-base-rates.htm

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beecher2 Posts: 3,677 Forumite

28 February 2010 at 1:02PM
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Well it can't go down.

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Radiantsoul Posts: 2,096 Forumite

28 February 2010 at 1:26PM
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Not really. It will probably go up as it can't go down by much more. But no-one knows how much or when!

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