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Recent interest rate history
baby_boomer
Posts: 3,883 Forumite
A useful BBC article
which identifies interest rate highs and lows since 1994.
"the data of peaks and troughs in recent history -- the average move up or down between the extremes of the cycle is 1.40.
Feb 94 5.25
Dec 95 6.50
June 96 5.75
June 98 7.50
June 99 5.0
Feb 00 6.0
July 03 3.5
August 04 4.75
August 05 4.50
May 07......................5.5% - How much more to go?
which identifies interest rate highs and lows since 1994.
"the data of peaks and troughs in recent history -- the average move up or down between the extremes of the cycle is 1.40.
Feb 94 5.25
Dec 95 6.50
June 96 5.75
June 98 7.50
June 99 5.0
Feb 00 6.0
July 03 3.5
August 04 4.75
August 05 4.50
May 07......................5.5% - How much more to go?
0
Comments
-
Swap rates have moved UP since the inflation figures came out, suggesting at least one, possibly two more rate rises.
6% is going to have a significant psychological effect on a few markets, I'd have thought.
http://www.swap-rates.com/UKSwap.html0 -
I've not got a mortgage and fairly considerable savings so bring it on I say
Da MoronIf you don't like what I say slap me around with a large trout and PM me to tell me why.
If you do like it please hit the thanks button.0
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