Bank of England Keeps Base Interest Rate at 0.5% in April 2010

Another month goes by, and thankfully the Bank of England has kept the Base Rate at 0.5% this month.  With the exception of those on Fixed Interest Rate Mortgages, mortgage holders will be pleased to see this snippet of good news when there is so much gloomy talk about the recesssion everywhere you look.  As always,  savers won’t aren’t being rewarded well, but we can’t have it both ways.

The Bank of England Base Rate has now remained at the 0.5% level since 5th March 2009.

There are always some great Mortgage Best Buy Deals out there, so keep a watchful eye on the latest announcements.