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Interest rates to fall gradually throughout 2008

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  • Interest rates to fall gradually throughout 2008

    There has been a lot of speculation lately about interest rates with many analysts predicting further interest rate cuts will take place this year. The Bank of England’s Monetary Policy Committee (MPC) cut interest rates by a quarter-point last week to 5.25%, the second such cut since December. However, back in July 2007, the base [...]

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    Can't see this happening personally - there is too much pressure on inflation at present. Making rate cuts less likely.
    Gift Wrapped Mortgages

    Independent Mortgage Broker

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