Sunday, Dec 20, 2009
Interest rates going up, prices coming down.
Independent: Remortgaging is now the best time?
Some rather bearish tones from the IoS.
Posted by chrisch @ 10:01 AM (834 views) Add Comment
4 Comments
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1. paul said...
As a general rule, whenever any media source entitles an article "Is now the best time to ... ?" it invariably isn't the best time.
2. a saver said...
Actually this article seems surprisingly sensible, they're not saying you should buy a house.
3. Grizzley Bear said...
Yes the rates look OK, but best grab a fixed rate soon, because more large defaults in the US and Europe are likely in the coming years, and that could push the price of credit/debt up, and it could become quite interesting if governments are forced to raise bond or central bank interest rates!
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