Sunday, Jul 29, 2007
BoE to keep rates on hold ?
The Independent: Cost of Borrowing Starts to Hit Home
HPI down to a miserly 10.9% so "Sputtering house price growth could be the deciding factor if, as looks likely, the Bank of England votes this week to keep interest rates on hold at 5.75 per cent."
Posted by baudot @ 07:37 AM (226 views) Add Comment
1 Comment
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1. planning4acrash said...
Did net value of lending rise whilst quantity of mortgages approved fall just before the last crash? It looks like the froth of the market decoupling from the mainstream creating something truly unsustainable to me.