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Rate Change

Tag: Rate Change

Richard Norrington comments on the Bank of England’s Monetary Policy Committee’s statement that interest rates are likely to rise sooner than previously thought

Speculation on future base rate changes unsettles the market, and can be a frustrating time for those seeking to purchase or remortgage who may wish they had a crystal ball. Whilst borrowers may see a fixed rate deal as the most suitable answer, they should not automatically write off a discount option."

Read more: Richard Norrington comments on the Bank of England’s Monetary Policy Committee’s statement that interest rates are likely to rise sooner than previously thought

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