Jump to content
House Price Crash Forum
Sign in to follow this  
Grumio

Interest rate rises

Recommended Posts

Like a lot of people on here, I'm of the persuasion that the main factor causing the housing bubble is cheap credit.

My question is this: why have the 2 base rate rises not trickled into increased mortgage rates (I'm not an economist. .. is this due to extra boe interference)?Surely at such low irs, high mortgage to earnings rates, and mmr, any increase should have quite an effect on how much money people could borrow? Do people think this will become apparent over time/with more rate rises, or this is something the boe can suppress using other means? 

 

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Loading...
Sign in to follow this  

  • Recently Browsing   0 members

    No registered users viewing this page.

  • 149 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



×
×
  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.