The Bank of England held rates at 0.5% and to continue with its £175bn quantitative easing programme.
Optimistically, Roger Bootle of Capital Economics predicted that rates would stay at this level for 5 years.
The house buyers preferred choice at the moment is for tracker mortgages anticipating that rates will stay low for some time.
The no [...]

 
The Bank of England has held the bank base rate at 0.5% for the sixth month in a row.