Tuesday, September 8, 2009
Today’s Front Page
MILLIONS of home buyers and owners can look forward to record low interest rates until at least the end of next year, experts predicted yesterday. The news that maintaining interest rates at current levels is â€œalmost inevitableâ€ will be a boost to consumers struggling through the recession. However, savers are likely to be dismayed by the forecast, particularly those who rely on the interest from their savings to supplement their income. Nicholas Leeming, director of website propertyfinder.com, said: â€œSustained low base rates will provide a supreme boost to the property market and aid the speed of recovery.