1. Changes in the level of interest rates charged on borrowing, therefore, depend almost wholly upon movements in the base rate. 2. Conversely, if the base rate rises, your monthly payments stay the same. 3. It will still contain plenty of business and mortgage borrowers to kick up a stink about base rates. 4. Money Markets fear a half point base rate rise on a Tory defeat. 5. Seventy percent then thought bank base rates would either fall or plateau. 6. The Government is also understood to be divided over whether the increase in base rates will provoke a recession. 7. The interest charged on your overdraft changes in line with bank base rates. 8. Their money is largely from wholesale sources so interest rates are uncompetitive during times of high base rates. 9. Interest rates may be fixed for the period of the loan or, as is often the case, expressed as a percentage of the standard base rate. |