Wednesday, Jan 20, 2010
Get them interest rates up!!
Express: MORTGAGE RATES TO RISE AFTER INFLATION SHOCK
“The latest figures will bring an end to the ‘rate complacency’ we have seen over the past year or so,” said Andrew Montlake from Coreco. “Many borrowers have been banking on low rates in the short term, but this is risky.”
He adds that more people than ever are on variable-rate mortgages — either because they cannot remortgage, or because they have decided not to.
Posted by waitingtobuy @ 12:14 PM (768 views) Add Comment
1 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
1. brickormortis said...
Has an article with less substance ever existed? Has an article more obvilously been written to sell a product on behalf of a business?
Coreco and Savills both mentioned and 5 year fixes being plugged. Looks like they are trying to drum up some business by some advertising journalism - Nice! I wonder if there is a nice fat fee on the 5 year optoin?