interest rate up

[ratewhore]

doomed etc...

[Hart-floot]

doomed etc...

Interest rates rise to 5%


The Bank of England today raised interest rates by a quarter-point to 5%, erring on the side of caution as it seeks to keep a lid on prices.
The latest move, following August's surprise hike of 0.25%, is likely to cost homeowners with the average mortgage of £80,000 just under £13 a month, if lenders pass on the full rise.

The rate increase was widely expected by analysts, who are now pondering whether there will be another rise next year, possibly in February.


So how high will they go?

[boredsenseless]

Interest rates rise to 5%


The Bank of England today raised interest rates by a quarter-point to 5%, erring on the side of caution as it seeks to keep a lid on prices.
The latest move, following August's surprise hike of 0.25%, is likely to cost homeowners with the average mortgage of £80,000 just under £13 a month, if lenders pass on the full rise.

The rate increase was widely expected by analysts, who are now pondering whether there will be another rise next year, possibly in February.


So how high will they go?

AtW is now crying as you beat him to the posting of this news

[andy]

doubt if it will make a dent in house prices

[BlasterBates]

whoops

[DimPrawn]

0.0025

Hth

[MrsGoof]

check where you dp is !

thats not fair put it back

[DaveB]

6%

[Ivor1]

5.25% next year, then back down

[TheOmegaMan]

Oh so it can go down too. Up and down, up and down it is all very confusing. It's a good job we have experts on here to explain it all.