BOE Interest Rate Rise

[Ruprect]

Im not bothered I can afford it just dont want to pay, actually this rate increase has prompted me to review my investments and pay off £75K of my mortgage by the end of next week. I expected it to go up but thought it would peak 5.25% Mr PRICKle

A bit harsh methinks. Pickle is probably right Ivor, and you just look like you're shaking your cock at everyone. Idiot.

[DaveB]

Well I did warn you

Knew I should have had a punt at the time.

[Ivor1]

A bit harsh methinks. Pickle is probably right Ivor, and you just look like you're shaking your cock at everyone. Idiot.

Thanks **** face !

[Spartacus]

I personally think we may see 5.5% but it wont go any higher than that, the majority view of the comments Ive seen from economists etc is along the same lines.

I don't want to rain on your parade Ivor1 but the majority view of economists was that rates wouldn't rise today.

[DaveB]

6% by April/May. I'm telling you.

[Spartacus]

6% by April/May. I'm telling you.

Ah it was you DaveB. I knew someone had predicted 6% by the end of the spring.

[NoddY]

Of course the banks will convince you low interest rates are a good thing as it reduces 'the cost of borrowing'. This is a lie.

But the fact that washes over the Great British public is 5% on £200,000 is NOT better than 10% on £100,000.

[Troll]

The ZeitGhost(tm) interest rate prediction machine indicates 15% by October.

Doomed!

[n5gooner]

Doomed!

or boomed!

[Spartacus]

Doomed!

Au contraire, at 15% it would be boomed for me.