Friday, December 28, 2007

Outlook for Interest Rates

A few months back I looked at the prospects for interest rates in the UK. Since then market conditions have increased the likelyhood of lower rates - With some commentators suggesting that base rates could fall to 4%. Whilst a 1.5% fall would represent a significant loosening of monetary policy, the prediction is based on [...]

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[Source: Mortgage Blog]

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