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YOUR estimation....

captainhaggis
captainhaggis Posts: 7,009 Forumite
in Mortgages & endowments
I know it's impossible to know what's going on in Merv's head and to predict what's going to happen with the BoE Base Rate, but I was wondering what the learned people of MSE think the future holds for the Base Rate.

So, using the information you've obtained from a variety of sources, what would you bet on the interest rates doing?

I number of what I suspect will be popular options are included in the poll; please post others.
Hi, we’ve had to remove your signature. If you’re not sure why please read the forum rules or email the forum team if you’re still unsure - MSE ForumTeam

What do you think interest rates will do? 24 votes

Stay at 0.25% until the end of 2012
4%
CharlieBubble 1 vote
Stay at 0.25% until the end of 2013
20%
linzcaptainhaggispigtails_21thumperrabbitFarmerbob 5 votes
Stay at 0.25% until end 2014 and beyond
12%
cervuslongleggedhairgrey_gym_sock 3 votes
Increase in base to up to 1% by end of 2012
16%
Sylvia1982Lumox75GreenstNins12345 4 votes
Increase in base to up to 2% by end of 2012
0%
Increase in base to up to 1% by end of 2013
12%
lawley1010Morgage_ConfusedLauraMac_2 3 votes
Increase in base to up to 2% by end of 2013
8%
michaelsbrit1234 2 votes
Increase in base to up to 1% by end of 2014
8%
tartanterraACG 2 votes
Increase in base to up to 2% by end of 2014
4%
asturdy2 1 vote
Other (detail below)
12%
Joe_BloggsThrugelmirTC1 3 votes

Comments

  • ACG
    ACG Posts: 24,845 Forumite
    Part of the Furniture 10,000 Posts Name Dropper I've helped Parliament
    Increase in base to up to 1% by end of 2014
    The problem with this poll is that i think more than one of those options will be true.

    For instance,
    i think interest rates will remain at 0.25% until the end of this year. I also think they will rise by 1% by the end of 2014 (which i selected).
    I am a Mortgage Adviser
    You should note that this site doesn't check my status as a mortgage adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.
  • opinions4u
    opinions4u Posts: 19,411 Forumite
    I'd be gobsmacked if they stayed at 0.25%.

    They haven't got there yet!
  • ACG
    ACG Posts: 24,845 Forumite
    Part of the Furniture 10,000 Posts Name Dropper I've helped Parliament
    Increase in base to up to 1% by end of 2014
    opinions4u wrote: »
    I'd be gobsmacked if they stayed at 0.25%.

    They haven't got there yet!

    Do you know what, i was looking at that for ages and thinking that isnt right but id not long since got up so went along with it. (Thats my excuse and im sticking by it :P)
    I am a Mortgage Adviser
    You should note that this site doesn't check my status as a mortgage adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.
  • captainhaggis
    captainhaggis Posts: 7,009 Forumite
    Stay at 0.25% until the end of 2013
    LMFAO!!!! Sorry about that, folks!!!!
    Hi, we’ve had to remove your signature. If you’re not sure why please read the forum rules or email the forum team if you’re still unsure - MSE ForumTeam
  • Joe_Bloggs
    Joe_Bloggs Posts: 4,535 Forumite
    Other (detail below)
    I voted for other. I am sure that my view will not be considered by the members of the Monetary Policy Committee.
    J_B.
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Other (detail below)
    Very much out of Merv's or the BOE's control. So many issues that haven't been resolved yet. Looking ahead there's no way of forecasting.
  • shortchanged_2
    shortchanged_2 Posts: 5,546 Forumite
    ACG wrote: »
    Do you know what, i was looking at that for ages and thinking that isnt right but id not long since got up so went along with it. (Thats my excuse and im sticking by it :P)

    Quite scary looking at your signature. :D
    Why are we here?......................because we are not all there.
This discussion has been closed.
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