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Mortgage Rates Going Up

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All the mortgage rates seem to have gone up today? Nationwide 5 year fixed was 4.69% yesterday and is now 4.78%, and all the other lenders i have checked have done the same?? Do they know someting we don't

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All the mortgage rates seem to have gone up today? Nationwide 5 year fixed was 4.69% yesterday and is now 4.78%, and all the other lenders i have checked have done the same?? Do they know someting we don't

while my savings rates go down:

I am writing to let you know that we will be changing the rate on your cahoot savings account to 4.55% AER on 28 April 2006. (currently at 5%)

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while my savings rates go down:

I am writing to let you know that we will be changing the rate on your cahoot savings account to 4.55% AER on 28 April 2006. (currently at 5%)

very tempting to write back:

I am writing to let you know that I will be moving my cahoot savings account to a Gold Bullion Fund paying 12.55% AER on 28 April 2006. (Which beats your pathetic 4.55%)

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http://www.nasdaq.com/aspxcontent/NewsStor...nternational.na

Japan Bankers Head: L/T Rate Rise Won't Damage Bank Operations
TOKYO -(Dow Jones)- The recent sharp increase in Japan's long-term interest rates won't have a significant impact on Japanese bank earnings, the head of the Japanese Bankers Association said Thursday.

The ripple effect from Japan began on 20th March when the banks began to tighten ahead of the official move from the B o J expected later this year.

The window of opportunity to unload IR sensitive assetts is closing fast.

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http://www.nasdaq.com/aspxcontent/NewsStor...nternational.na

Japan Bankers Head: L/T Rate Rise Won't Damage Bank Operations
TOKYO -(Dow Jones)- The recent sharp increase in Japan's long-term interest rates won't have a significant impact on Japanese bank earnings, the head of the Japanese Bankers Association said Thursday.

The ripple effect from Japan began on 20th March when the banks began to tighten ahead of the official move from the B o J expected later this year.

The window of opportunity to unload IR sensitive assetts is closing fast.

So what are you suggesting? We all STR and dump our homes? And gamble on the markets or try our luck with gold?

I really wish we could make a distinction here between investors/LL's/BTL and ordinary regular 1 home owners. And have you seen what is happening to the interest rates on people's STR / FTB’ers deposit funds?. Many are coming down..... I would rather sit out any crash and at least continue to live in my "asset."

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CLP Finance

This page is worth bookmarking and shows what is happening. Click the "swap rates" link.

useful link - nice to see the comparison with last week and last month.

All the mortgage rates seem to have gone up today? Nationwide 5 year fixed was 4.69% yesterday and is now 4.78%, and all the other lenders i have checked have done the same?? Do they know someting we don't

yes, that swaps rates are rising.

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  • 301 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%



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