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red macca
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« on: Thursday, February 7, 2008, 13:59:52 » |
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Just gone down to 5.25%, Good news then likely to be down to 4.75% by the end of the year.
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Dazzza
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« Reply #1 on: Thursday, February 7, 2008, 14:22:46 » |
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 Definately Burns style Excellent from me. I've just switched from fixed to a tracker. |
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Samdy Gray
Dirty sneaky traitor weasel
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« Reply #2 on: Thursday, February 7, 2008, 14:23:27 » |
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Get in, my fixed rate is up next February so I'll be onto another bargain deal.
Happy days.
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Arriba
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« Reply #3 on: Thursday, February 7, 2008, 14:40:00 » |
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yey i'm happy.
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red macca
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« Reply #4 on: Thursday, February 7, 2008, 14:56:15 » |
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Get in, my fixed rate is up next February so I'll be onto another bargain deal.
Happy days. What this Feb ? |
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Samdy Gray
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« Reply #5 on: Thursday, February 7, 2008, 15:27:37 » |
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No, February 2009.
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red macca
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« Reply #6 on: Thursday, February 7, 2008, 15:29:51 » |
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Sorry did not read it properly
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Samdy Gray
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« Reply #7 on: Thursday, February 7, 2008, 15:33:15 » |
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Hoping rates will be about 4.75% when I remortgage. Managed to get my current fixed deal just before all the rate rises so it'll be nice to get another one on a good deal.
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Bushey Boy
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« Reply #8 on: Thursday, February 7, 2008, 15:55:11 » |
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Just re mortgaging stuff and this is good news
Was Bushey correct in his view a whole percent in a year would drop from Nov 07, watch he increase in values go back up in June time
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Ardiles
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Stirlingshire Reds
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« Reply #9 on: Thursday, February 7, 2008, 16:09:04 » |
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It’s an interesting move. The Bank of England’s sole remit is to maintain inflation within an accepted range (between 1% and 2% over a 2 year horizon), and the committee members openly admit that inflationary pressures are building. They clearly think that the economic slowdown is going to be quite severe.
They certainly have a tough job. If they manage to keep inflation on track and also manage to engineer a slowdown (as opposed to a full blown recession or house price crash) they will deserve a rather large pat on back. Fingers crossed.
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Samdy Gray
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« Reply #10 on: Thursday, February 7, 2008, 16:10:42 » |
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Just re mortgaging stuff and this is good news
Was Bushey correct in his view a whole percent in a year would drop from Nov 07, watch he increase in values go back up in June time And for those who can't read Bushey-speak: I'm just re-mortgaging some of my houses and this is good news for me.
Was Bushey correct in his view that there will be drop in interest rates by a whole percent for the 12 months from November 2007, watch the house prices go back up in June time |
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Bushey Boy
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« Reply #11 on: Thursday, February 7, 2008, 17:29:20 » |
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 Hows your stag plans going? I might offer fred 15 virgins to stay in Swindon then youd be screwed! |
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yeo
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« Reply #12 on: Thursday, February 7, 2008, 17:35:49 » |
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arrrggggh so is it silly to takeout a fixed rate at the moment?
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W56196272
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Samdy Gray
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« Reply #13 on: Thursday, February 7, 2008, 17:40:14 » |
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Hows your stag plans going? I might offer fred 15 virgins to stay in Swindon then youd be screwed! I've got myself a Polish tour guide (a.k.a. Chubbs) so I'm happy. |
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Samdy Gray
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« Reply #14 on: Thursday, February 7, 2008, 17:41:06 » |
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arrrggggh so is it silly to takeout a fixed rate at the moment? Probably, yes. Rates are likely to come down at least once in the next 12 months, but more than likely down by 0.5%. |
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