Tuesday, Nov 07, 2006

Interest rates to become runaway train

MSN Money: Interest rates to become runaway train

Basically Article telling homeowners to watch out as by next year interest rates may rise as high as 7.5% urging people to change their mortage to 5 year fixed rate as inflation is on an upward trend...

Posted by tormy @ 01:33 PM (371 views)
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1. Nohpc said...

He is actually saying the BofE rates might reach 6% so SVR mortgages will hit 7.5% . Are any muppets still on SVR mortgages? I am sure with house prices the way they are everybody must have realised by now that they can save hundreds by moving to a fixed or discount mortgage.

Wednesday, November 8, 2006 07:27AM Report Comment

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