How do you think the interest rate for the next two years in the UK will go? up or down and by what amount?
Answers:
I've been working on this question recently muself. Its always difficult to predict accurately, but I've used some previious statistics and done a lot of calculations on future statistics based on the market at the moment and I reckon: The interest rate will rise over the next 12 months in the UK by a half to one per cent.
with this terrible goverment who knows?
If we knew the answer to that, we would be able to earn a fortune!
Margaret L is correct they are already set to rise by half to one per cent so good for those on fixed mortgages unlucky for those who are not.
british currency will probably increase in value by two percent inflation slightly up interest rates will probably go down don't quote me
The current trend is upwards, but how much is unpredictable.
I personally think it will go up and up
but before the election they will need to put it down to make the government look good
but our economy is in good shape and with the Olympics on the way we will see more growth- and in some areas even more increase in house prices - so they will need to cap this - and to do this they will need to put IR up!!
I think it will go up an avarge of 0.5% a year it will be too much to do more and could have a backlash affect!!
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