Wednesday, October 15, 2008

Why your mortgage won’t get any cheaper

Why your mortgage won't get any cheaper

Despite a cut in official interest rates, your mortgage isn't likely to get much cheaper while banks remain cautious about lending. But the banking crisis does have one silver lining: people are finally waking up to the fact that they need to take control of their own finances.

Posted by damien @ 12:41 PM (531 views)
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5 thoughts on “Why your mortgage won’t get any cheaper

  • The irish goverment is raising taxes, Britiain won’t be far behind, we will have less control of our own finances than ever before.

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  • I know this is completely off topic, but IMHO Merryn Somerset Webb is hot.

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  • Peter; Merryn is hot but also clever and a successful investor because she listens, sieves tha facts, learns and acts.

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  • Anyone else getting ads on this site for personal loans at > 300% APR?

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  • “your mortgage won’t get any cheaper”

    No but the value of your property will !

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