Sunday, December 20, 2009

Interest rates going up, prices coming down.

Remortgaging is now the best time?

Some rather bearish tones from the IoS.

Posted by chrisch @ 10:01 AM (1301 views)
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3 thoughts on “Interest rates going up, prices coming down.

  • As a general rule, whenever any media source entitles an article “Is now the best time to … ?” it invariably isn’t the best time.

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  • Actually this article seems surprisingly sensible, they’re not saying you should buy a house.

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  • Yes the rates look OK, but best grab a fixed rate soon, because more large defaults in the US and Europe are likely in the coming years, and that could push the price of credit/debt up, and it could become quite interesting if governments are forced to raise bond or central bank interest rates!

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