Interest rates, what will they do?

[Silver940]

Looking at extending our place so will probably look at moving the mortgage, especially since Nationwide starting charging a 38quid a month fee this year effectively pushing our variable rate mortgage up to about 2.5%. Seen tracker rates at about this rate and we want to borrow an extra 20k so moving looks a viable option.

Not good with this stuff but what do we think the interest rates will do over the next 2-3 years?

[ringram]

Low for an extended period.
Just read a survey, basically 1.1% to end of 2011 and 2.5% end of 2012.
YMMV