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BBR will rise in autumn, says B&W economist

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  • 10/02/2003
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The next base rate alteration will be a rise, but will not happen until the autumn, according to Lau...

The next base rate alteration will be a rise, but will not happen until the autumn, according to Laurence Sanders, economist at Bristol & West. In the experti, a roundup of economic data, he also noted longer-term fixed rates are at a new low, but that it was difficult to make predictions over the next three months due to strong political and corporate impacts on this market.

Sanders said: ‘It is clear, however, potential borrowers can use the current environment to lock into historically low mortgage rates across the yield curve from one to 10 years.’


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