Friday, Mar 02, 2012
Only one way rates are ever going..UP!!!!
Dailymail: Mortgage rates on the rise
the US housing boom was created by unltra low interest rates....apparently we decided it was also the solution
Posted by taffee @ 03:46 PM (859 views) Add Comment
2 Comments
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1. alan said...
"RBS, which is 82 per cent owned by British taxpayers, has already ordered the increase of 0.25 per cent to 4 per cent on its RBS and NatWest-branded offset mortgages. The same change will impact on its 'One Account' range, which includes Virgin One, DirectLine One and NatWest One, from 1 May".
If mortgage rates go up, won't less people be able to afford those high asking prices for houses? MMmnnn!
2. alan said...
"RBS, which is 82 per cent owned by British taxpayers, has already ordered the increase of 0.25 per cent to 4 per cent on its RBS and NatWest-branded offset mortgages. The same change will impact on its 'One Account' range, which includes Virgin One, DirectLine One and NatWest One, from 1 May".
If mortgage rates go up, won't less people be able to afford those high asking prices for houses? MMmnnn!