Friday, Dec 15, 2006
Banks use interest rate hikes to improve their bottom line
Free Help Advice: Banks use interest rate hikes to improve their bottom line
Research carried out by personal finance experts at Moneyfacts, in partnership with the BBC News website, has shown that banks are making good use of the recent hikes in interest rates, to push their profit margins up, by increasing the interest rates for millions of borrowers with mortgages, but not doing the same for savers.
Posted by matt @ 04:04 PM (157 views) Add Comment
- If you do not have an admin password leave the password field blank.
- If you would like to request a password allowing you to add comments and blog news articles without needing each one approved manually, send an e-mail to the webmaster.
- Your email address is required so we can verify that the comment is genuine. It will not be posted anywhere on the site, will be stored confidentially by us and never given out to any third party.
- Please note that any viewpoints published here as comments are user's views and not the views of HousePriceCrash.co.uk.
- Please adhere to the Guidelines
No comments have been submitted.
Be the first person to add your comment by completing the form below.