Monday, May 14, 2007
Bank Base Rate - Effects of an Increase
Moneyfacts: Bank Base Rate - Effects of an Increase
How would a base rate rise affect you? Could you maintain your current lifestyle? Lisa Taylor from moneyfacts.co.uk comments on the effects a base rate rise would have on many consumers, especially those who have borrowed to the max and don’t have the comfort of a fixed rate mortgage.
Posted by ceonathus2 @ 01:55 PM (148 views) Add Comment
1 Comment
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1. Retired Banker said...
Articles such as this are always biased towards borrowers.
A rise in base rate would provide a welcome income boost for the large number of older people who have been prudent enough to
save for their retirement.