Matthew Human  - mortgageforce™    Watford, Rickmansworth and surrounding areas

Base rate remains at 5.5%

 

Bank of England     RATE REMAINS AT 5.5%

Despite predictions that the Bank of England monetary policy committee (MPC) would cut the base rate three more times by April 2008, starting with this week (10/01/2008), it was announced today that the base rate is for the time being to remain at 5.5%.

Speculation is bound to continue over the next quarter as to if the expected rate cuts will in fact materialise.

Keep a close eye on our website for all the latest news.
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