Sunday, September 2, 2007
Where are rates going?
Mortgage fears on market turmoil
Some UK mortgage rates are rising as a direct consequence of the recent turmoil in world financial markets. Most affected are home loans to people with a poor credit history, where rates have risen by up to 2.5%.
Posted by hotfoot @ 11:31 AM (939 views)
4 thoughts on “Where are rates going?”
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deepak says:
And guess what the interest rate rises have not even hit them yet.
Funny, nearly all business news on BBC is about housing today..
deepak says:
And guess what the interest rate rises have not even hit them yet.
Funny, nearly all business news on BBC is about housing today..
whiteknight says:
……. and still they do not understand …. hence expect more very serious damage.
Darrude says:
put the interest rate up, for those who obviously struggle with credit. Now sit back and watch the repossion rate rise……………….