Guess the rate date challenge...

financialbliss

Thought I'd bump this back to page 1 as we've a rate decision coming this Thursday.

If you fancy having a guess, post here and I'll add to post #1.

FB.

wynnvegas

Hi FB,

I'll have a go at this. I'll take February 2011 for $200 please - base rate up to 0.75%. I do worry a wee bit for the people that are tying themselves into deals that will cripple them if the rate rockets. I vaguely remember interest rates hitting something stupid like 17% in the early 90s. If we get above 5%, I might yet get to have a go at this stoozing lark!

Cheers,

Billy

financialbliss

Base rate held at 0.5% today as reported by various news sites:

BBC:
http://www.bbc.co.uk/news/business-11242526

TiM:
http://www.thisismoney.co.uk/news/article.html?in_article_id=514165&in_page_id=2&ct=5

FB.

cha97michelle

I can always rely on you FB to put my mind at rest before i hear it on the news. I can rest for another month. :rotfl:

greent

Excellent news - our fixed rate on sub ac 01 ends this month and 70K+ of our mtge will go on to SVR of 2.5% Makes a nice difference

JonnyBravo

Increase from 0.5% to 0.75% in October 2011

financialbliss

UK inflation remains at 3.1%:
http://www.bbc.co.uk/news/business-11294957

Don't know if that puts a little more pressure on the BoE to increase rates come their October meet?

FB.

hughmungas1986

An increase of 0.25% to 0.75% in September 2011

mlz1413

I think an increase of 0.5% in Aug 2011
followed by 1% increase in Jan 2012

As I'm on a fixed rate for the term of my mortgage so I'd love the rate to go up as of yesterday!

financialbliss

Minutes now out for the September MPC meeting.

8:1 vote to hold rates. Andrew Sentance again votes to raise the base rate.

More details in this BBC news article:
http://www.bbc.co.uk/news/business-11387978

FB.