Friday, September 14, 2007

Anybody for 7.05%

Savings rates hit six-year high

For the first time in six years, it is now possible to earn interest on your savings of 7%. "Lenders are looking for alternative ways to fund their mortgage lending, and it seems as if increasing deposits has been the first port of call for many," Wow the savers have become the lenders but surely this will only push the lending rate higher and higher! 50 to 70% drop in house prices if this goes on!

Posted by cheeky charlie @ 10:01 PM (444 views)
Please complete the required fields.



Add a comment

  • 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

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes:

<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>