Interest rates - April 2008

free4440273

.25 cut (possibly even .50 but I have my doubts): won't make any difference to real mortgage rates; savers will bear the negative consequences:mad: and we can all say 'Goodbye Sterling' :wave:and hello Mr Inflation:hello:

AMILLIONDOLLARS

I voted for staying at 5.25% If they start cutting now, it will be a free for all on the borrowing front and start house prices going up again. I am a homeowner, but I feel there needs to be a correction in the market, in order to give first time buyers a chance to buy.

AMD

RubyShoes

I voted a 0.5% drop. I think it will drop, 0.25% but I am wishfully thinking it might drop 0.5% from a selfish POV. I just bought my first house, on a tracker at 0.34% above BOE base rate. So cuts are good for me!

My vote was not based on inteligent info... just hope!

minimike2

I think : - BR *should* be held for the greater good

I think : - BR will drop 0.25% to try and win back some confidence

I hope : - BR will drop more than 0.25% as im on a BoE tracker

Gorgeous_George

Last few minutes before the poll closes.

GG

poppy10_2

Really surprised at how few people have gone for a 0.5% cut. There's been a huge media clamor for this.

minimike2

All the more reason for the MPC to NOT drop by 0.5%. It will make a mockery of them if they are seen to give in to the media and the industry.

Dan_Collins_2

The media is the new religion!

PasturesNew

Gorgeous_George wrote: »

There will be even stronger demands in this week's press.

A 2% cut may be the last roll of the dice.

GG

A 2% cut in savings rates would cut many people's income down by 1/3rd overnight.

Er ... me.

Damn ... looks like I might have to get a job.

Capricorn_One

I think the MPC should go to the pub first and then make up their minds.

As I'm on a tracker I'm hoping for 0.5%.