Rat and Mouse
Tue
22
Jun
CEBR predict no change in interest rates... until 2012

Following the budget, this from the Centre for Economic and Business Research:

With our lower growth forecast we now think that base rates will be stable at 0.5% until the end of 2012 and the 10 year bond yield will fall to 3%. With base rates lower for longer, we also expect mortgage rates to fall from around 4% at present to 3% by early next year.

Mortgages hit seven-year low [June 21, 2010]

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Comments

Some good news out of the budget, OK so we will pay a little more vat but at least it wasnt hid among a pile of red tape and long forgotten promises.

http://www.propapedia.com

Posted by Shane at June 22, 2010 5:15 PM


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