Saturday, September 20, 2008

Prices will continue to fall – but we all know that anyway

Lenders likely to lift fixed rates in next few days

"Recent cuts in mortgage rates have come abruptly to a halt as the banking crisis has brought renewed fear to the financial markets."

Posted by letthemfall @ 10:53 AM (619 views)
Please complete the required fields.



One thought on “Prices will continue to fall – but we all know that anyway

  • And of course, this has nothing to do with what the base rate is doing.

    It is a sorry, sickening day for the Bank of England and the Monetary Policy Committee. They lost control of the price of credit because they underpriced the risk for too long.

    The MPC should, by all rights, be dispatched of their duty. They failed abysmally.

    Reply
    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Your email address will not be published.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>