Quick Home Buyers Predicts an Interest Rate Rise
According to Quick Home Buyers, the biggest financial event of 2014 will be the announcement by the Bank of England that mortgage rates will increase, leaving millions of mortgage customers facing financial difficulty. The Bank of England has kept interest rates at 0.5% since March 2009 to help with the economy but 2014 could see the banks governor, Mark Carney increase interest rates leaving families wondering if they should sell their house quickly to avoid financial problems.
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