Interest rates to hold for another month (at least)
Despite doing my best rate-cut dance every night for the past week, it has been anounced that The Bank of England will hold interest rates at 5.75% for another month.
Good news for Owners and Investors buying now, as it means rates arn't going up again just yet.
In fact, speculation is that the rate is likely to hold through December as well, which would make the earliest date for a possible cut to be in January.
Are the whispers right or wrong? Will we be going down again in January? Let me know.
Tam
Labels: Bank of England, buyer, interest rates, Investor, Owner
