mortgage BOOM

[MrMark]

election

I'm guessing it's all heading towards an election in September (which is why various stories are being spread around about the housing market turning by that point - a small increase can be engineered over the summer I reckon). After then (and perhaps before) interest rates will have to rise to start funding the debt we've taken on. Hope I'm wrong, but I can see interest rates at 8-9% by next year, perhaps rising still further in subsequent years.

[BrilloPad]

I'm guessing it's all heading towards an election in September (which is why various stories are being spread around about the housing market turning by that point - a small increase can be engineered over the summer I reckon). After then (and perhaps before) interest rates will have to rise to start funding the debt we've taken on. Hope I'm wrong, but I can see interest rates at 8-9% by next year, perhaps rising still further in subsequent years.

IMO by September job losses will still be going up. Hence I go for May 2010.

[Fred Bloggs]

For sure by 2011 we'll see double digit inflation.