My Second Post - Another Biggy: Interest Rates - August 9, 2007
I read today that the bank of england has indicated that interest rates will have to reach 6% if they are to keep control on inflation over the next 2 years.
Luckily I don’t have a mortgage to worry about but I wouldn’t like to be one of the many coming of fixed rate mortgages as the jump could be huge!
If you want to read the full article you can read it here
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