Property News

Thursday, October 05, 2006

Hold on interest rates

The Bank of England’s monetary policy committee has frozen the base interest rate at 4.75% for the second successive month amid growing anticipation that it will most likely increase the rate in November.

Last week, Nationwide predicted a rate rise in November following an increase in house price inflation of 1.3% last month while Halifax said yesterday house prices rose 1% in September.

0 Comments:

Post a Comment

<< Home