Rat and Mouse
Thu
12
Jan
No movement for interest rates

Nobody seems to give much of a toss any more (they will when rates start moving back to somewhere nearer "normal"), but the Bank of England announced unchanged base rates today of 0.5%, exactly where they've been since March 2009. More here.

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Comments

Typical! Suits all those paying off mortgages just fine but anyone trying to save for a deposit isnt at all helped by these appalling interest rates. I have no idea how I will raise a 20% deposit with rents so high and interest rates so low. It is ridiculous!

http://www.new-homes-cornwall.com

Posted by cornish homes for sale at January 13, 2012 3:16 PM


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