Monday, April 16, 2007

Some say prices up, some say prices down, but everyone says Interest Rates going up …

Annual house-price inflation at highest rate in four years

"Asking prices for houses have shot up at their fastest pace in five years, despite widespread expectations of a slowdown, a survey shows today." "The Bank’s rate-setting Monetary Policy Committee (MPC) will be wary of the risk that Rightmove’s April figure may be a blip rather than a change of course, but the MPC will be troubled by other signals that the market may, indeed, be gaining strength again." So ... here we go ... base rates going up ... but where will they top out ... 6%, 7% or more ...

Posted by fahrenheit451 @ 01:51 PM (414 views)
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One thought on “Some say prices up, some say prices down, but everyone says Interest Rates going up …

  • Asking prices? Oh whatever then.

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