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What Is The Outlook For Interest Rates?

July 19th, 2011 by

What is the outlook for interest rates?

UK interest rates were held at a record low for the 25th month in a row last week, which has posed questions to contractors who currently have a mortgage or are thinking of taking one. How long can this last? Should I assume rates will go up and take a 5 year fixed rate, or gamble that they will stay low and take the risk on a variable deal? Sound familiar?

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Posted in Contracting