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Thread: There Is A Rumour Going Round That There

  1. #1
    Kathy
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    Can anyone confirm this?

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  3. #3
    Senior Member Bar the Bull's Avatar
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    Mayhem here in work. Just got back from the trading floor.
    Welsh and Proud.

  4. #4
    Kathy
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    Thanks, Gareth. Just announced on BBC news, too. Seems to have shocked a few people. 5.25% now.

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    Don't see why anyone is surprised - this was forecast several days ago on the Today programme! They went on to comment, however, that the likelihood was that this might then hold steady for the rest of 2007.
    Just Singin' the Blues ........



  6. #6
    Kathy
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    My understanding was that any possible rise may occur in February. Perhaps, I should listen to the Today programme in future.

    I am possibly one of the rare people that actually want rate increases so my surprise was a pleasant one!

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    52 Economists out of 52 predicted a hold by the MPC.

    That person on the Today show was sticking their neck out or talking about Feb.
    Welsh and Proud.

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    To save me digging around for my documents, what was the interest rate in July 2004 please? My mortgage deal is up in July this year and I am expecting quite a shock.

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    Senior Member Desert Orchid's Avatar
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    Shop around, Paul. According to Martin Lewis at moneysavingexpert.com there are some hot mortgage deals around in spite of recent rate rises.
    Illegitimi non carborundum


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    I have every intention of doing that, DO. Still think my payments will be going up a fair bit though.

  11. #11
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    Originally posted by Songsheet@Jan 11 2007, 01:36 PM
    Don't see why anyone is surprised - this was forecast several days ago on the Today programme! They went on to comment, however, that the likelihood was that this might then hold steady for the rest of 2007.
    There will be one if not more later in the year.
    .

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