‘Interest Rates’ News
Fair Play Demanded on Savings Rates
Posted 2008-01-19
As average savings rates fall below inflation, Nationwide Building Society demands introductory savings rates expirations should be well revealed to those individuals counting on the introductory rates. The demand from Nationwide follows the interest rate cute in December,...
Read Fair Play Demanded on Savings Rates
Borrowers Scoff Rate Hold
Posted 2008-01-1
Brokers, such as John Charchol’s Ray Boulger, note that homeowners can expect to pay £105 more on their mortgage interest because of the Bank of England’s hesitation to cut the base rate by 0.25% recently. As a result, mortgage borrowers...
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