Interest Rate Decisions
Mortgage Quote Line
0845 108 0505
Interest Rate Decisions
Mortgage interest rates: decisions
Understanding interest rate decisions is an important part of the mortgage process. For more information about what interest rates are and how interest rates affect mortgage repayments, please see the relevant Mortgages.co.uk section.
When do interest rates change?
The Bank of England Monetary Policy Committee makes a decision on interest rates on the first Thursday of every month.
At this point, the MPC will vote to decide whether to increase, maintain or decrease interest rates. Decisions are announced immediately following 12 noon, both on the Bank of England website and throughout the news.
How do Mortgages.co.uk help their users with interest rates?
Mortgages.co.uk emails a monthly Rate Alert mailshot to customers who have filled out an enquiry form. We deliver instant information to your mailbox, making sure you are kept informed of decisions that affect you.
Furthermore, in advance of the rate decision, we send a Rate Prediction mailshot, in which we forecast what will happen in the forthcoming decision. We base this decision on discussion with mortgage industry experts, and a news review.
In both the Rate Alert and Rate Prediction mailshots, Mortgages.co.uk also gives you the chance to get a free, no-obligation remortgage quote.
Register for the Mortgages.co.uk newsletter and mailshots on the right of this page.
To see a history of interest rate changes since 2000, see our interest rate tracker, here.
<< Back: How interest rates affect mortgage repayments | Next: Interest rate tracker >>
| mortgages news |
|---|
| Mortgage adviser fined almost a million - Fri, 16 May 2008 |
| Incentives not vital to mortgage customers, expert claims - Fri, 16 May 2008 |
| Mortgage holders told to keep calm over negative equity - Fri, 16 May 2008 |
| More News |
Mortgage Rates by Lender 
Free Mortgage Quote
Mortgages in Scotland
Equity Release
Switching Mortgages
Home Reversion Plans
Commercial Mortgages Arrears & CCJs?
Remortgages- Sub prime mortgages
- Arrears, CCJs
- Self certification
- Debt consolidation
Protect Your Mortgage