The Great Interest Rate Debate
Published / Last Updated on 18/11/2007
The debate regarding interest rates continues to receive a mixed reaction. The Council of Mortgage Lenders CML predicted the interest rates would fall in November. They were wrong.
Many experts in the financial field agree that interest rates will fall, although some are predicting that it will be in 2008 before we see a reduction.
Our view
We expect rates to be held until after the Christmas spending rush. We expect rates to be lowered by 0.25% in either February or March.
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