- Location
- Buckinghamshire
Is that what you can earn or is that what you have to pay over base rate
Interest Rates Predicted To Rise Very Soon
- Thread starter cattleman123
- Start date
- Location
- Northumberland
Probably wholesalers costs as to what they can get it in at,but it gives a good indication of future rates to us.
That's who I sold mine to. They sell sovereigns and Britannia's as well excellent customer service.Kugerands here
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That's what you would have to pay in addition to the bank margin, so in effect it is the 30 year 'base rate'
United Kingdom Rates & Bonds
Get updated data about UK Gilts. Find information on government bonds yields and interest rates in the United Kingdom.
www.bloomberg.com
If you were fixing a new long term loan now margin rates are likely to be around 3-4%, so I would imagine with 30 year fix it will be well over 4%.
@midlandslad will know
- Location
- Lincolnshire
Well......wasn't today.
Quite something when a paltry rise of 0.15% is deemed too scary
Very scarey indeed..... the government is scared shittless that the average Joe can't a afford morgage hike!
- Location
- southern riverina Australia
Same here. Seems no one learnt anything from the GFC .
- Location
- southern riverina Australia
Reserve bank have finally caught on here. Seems wages for "specialist " industries are set to climb 20% of more as the country emerges from lockdown. This will drive inflation to over 5% next year. So expect rate rises within next 12 months here.....
It's over and they know it. Property prices are in a massive bubble world wide, inflated beyond control by free money. Inflation going rampant and they can't even raise rates by 0.15%, that tells you everything you need to know. The economy is built on nothing and the only way is down
- Location
- Northumberland
They are talking about 1% by end of 2022.Crude Oil price went down yesterday.(or the day before)
Steevo
Member
- Location
- Gloucestershire
To me November would have been a better (and softer) choice for a rise than December. Get it done and out the way before December arrives and then everyone starts to think about Christmas becasue a) December is one of the most expensive months of the year b) Everyone starting to think about Christmas will mean the Nov rate rise quickly becomes old news.
If they do decide to put a rate rise in either Dec or Jan, people will already be feeling poor and it'll hit their pockets even harder all at the same time.
- Location
- southern riverina Australia
Official interest rate here is a bullśhìt figure anyway. The 4 big banks that operate here charge and move whatever and whenever they like.
55 mins? Aaaargh!!! I'm out.
Just listen to it when your at work... or loading the dishwasher
I don't have that many dishes.
I just sincerely doubt it takes 55 mins to explain the concept of can kicking by central banks, govts and the financial system. Maybe if you could provide a snippet of something insightful from it it might be worth sitting through?