Interest Rates To Rise.

Oh its all set to kick off next year.

After years of low interest rates the bank of england will surely increase the cost of borrowing.
Public debt is now falling.
Private debt ie household debt is rising.
That means another squeeze on ordinary peoples finances.

The help to buy scheme has been squashed by the bank.
The final clue in the banks desire to increase lending rates.
Interest rates will be raised to 2.5/3% initially, peaking at 5/6% in 18 months.

Do the math and work out how that will affect your mortgage and personal loans.
We are heading for another financial crash.
And it is soon.

The mistakes(?) of 2008 have not been learnt.
It will be worse...