Tuesday, Apr 29, 2008

First of many

Daily Mail: Massive rate reduction

seems like we are beginning to see some relaxing again.... price to stay high i think..

Posted by deltablow @ 12:57 PM (184 views) Add Comment

1 Comment

1. Albertini Albertino said...

'The changes will see the cost of a five-year fixed rate mortgage for someone with a 25 per cent deposit who is buying a new home fall by 0.3 per cent to 5.89 per cent, saving £335 a year for a borrower with a £150,000 mortgage.'

'But rates on a similar mortgage for someone with just a 10 per cent deposit will only fall by 0.15 per cent to 6.14 per cent.'

So, after 3 x 0.25% decreases, your FTB gets a MASSIVE 0.15% off? Does this scale only start at HUGE?

Tuesday, April 29, 2008 05:57PM Report Comment
 

Add comment
Username   Admin Password (optional)
Email Address
Comments
  • 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

Main Blog | Archive | Add Article | Blog Policies