What will a good five year fixed rate be in three years time?

knuckledragger

Not phrased very well but:
Is there historical trend or data which will indicate what a five year fixed rate is likely to be in 2011?
My question isn't meant as an opinion generator, more a quest for knowledge.
I appreciate that no-one has a crystal ball but I thought perhaps there might be something on the web (which I haven't found!) to point the way.

prudentsaving42

No there's no such data. Only guesses.

maninthestreet

You stand a better chance of correctly guessing all 6 numbers of next Saturday's National Lottery.

Conrad

Masters of the universe finanical traders, hedge funds and the like would pay billions for such information.

Mervyn King himself cannot say what rates will be in 1 year.

applesrace

Historical Bank of England base rate since 1975 can be found here:

http://www.bankofengland.co.uk/mfsd/iadb/Repo.asp?Travel=NIxIRx

If you look at average rates over any ten year period then todays rates are low. Obviously times have changed and you can't use past trends to make good future investments but as someone that didn't own property in the 80's and 90's it's scary to see were rates were.