Interest rates.......get your crystal balls ready

[mojocvh]

PH'ers all, what do you think interests rates will be like in say 5-6 months??
Looking to renew mortgage (on fixed at present) but should I change now (even staying with present lender) instead of later??

cheers

MoJo.

[zippee]

I personally think they'll go down a qtr in the next six months to 4.5%

[simpo two]

Me too.

[minimax]

zippee said:

I personally think they'll go down a qtr in the next six months to 4.5%

when my clients ask (I don't like to be pushed on things I can't prove ) this is what I tell them

[rsvmilly]

The economy is stalling. The BoE are unlikely to raise interest rates IMO.

[Angelis]

I'll say they'll raise.

[targarama]

IMO pretty stagnant for the rest of 2005, possible 0.25 drop but not much further.

[mojocvh]

Thx all. Plenty to think about.

cheers

MoJo.

[srebbe64]

I don't think they'll change in that time period.

[Angelis]

Looks like i'm the only pessimist around here.

Do I win anything if I get it right?

[srebbe64]

Angelis said:

Looks like i'm the only pessimist around here. Do I win anything if I get it right?

Being as I've got no mortgage but do have funds in the bank, I view you as an optimist.