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Friday, 18 February 2011

Will intrest rate rise????

This gent seems to think not.  Mr King stated that he believes that Bank of England rate will remain the same at least for now

I am not as convinced.  I think we will see a rise in the Bank of England rate with in the next 4 months UN-less the inflation rate starts to fall.

This is a very strange move by the government to raise VAT and not expect for inflation to rise along with it.

This could be a excellent time to start shopping around for a fixed rate mortgae if you have been on the variable rate for a while.

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