We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
interest rate predictions 2008/9
Comments
-
Well, there's a lot of stuff here saying rates will go up - Abbey just reduced by 6%
http://www.timesonline.co.uk/tol/money/property_and_mortgages/article4735628.ece
If you google "interest rate predictions" you'll see that many project in 2009 they will drop as low as 3.5%. Rememeber US and Europe and see what they're doing. Exports will suffer if they go up. House sales falling and rates going up means repossessions and that means white goods and all the other things we buy for our homes will see fallen sales. It's a big ripple.
My money is on rates coming down gradually over next year.0 -
Again, why drag up an old thread?0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 352.3K Banking & Borrowing
- 253.6K Reduce Debt & Boost Income
- 454.3K Spending & Discounts
- 245.3K Work, Benefits & Business
- 601.1K Mortgages, Homes & Bills
- 177.5K Life & Family
- 259.2K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards