Thursday, December 30, 2010

Your move, punk.

Repossessions may rise if interest rates go up in 2011

"However, Mr Holmes explained he does not think interest rates will rise for a while yet, as the Monetary Policy Committee (MPC) knows that doing so could be damaging. And the MPC also have to consider the impact an increase would have in terms of international markets, as they would not want to have to operate in a degree of isolation, he remarked."

Posted by sibley's b'stard child @ 09:17 AM (1964 views)
Please complete the required fields.



3 thoughts on “Your move, punk.

  • Watch the bank rates and fees on fixed rate mortgages, a far better indicator.

    As always, follow the money.

    Reply
    Please complete the required fields.



  • “The number of repossessions could rise if interest rates were to increase by around two per cent, one expert has claimed”.

    OK, just increase the rates by 1.75% for now.

    Reply
    Please complete the required fields.



  • Here’s another article again pointing at the BoE controlling mortgage rates not bond rates ?

    Anyone else getting confused.

    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Your email address will not be published.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>