Oh Dear: Mortgage rates may hit 14pc within two years

[milanbenes]

Mortgage rates may hit 14pc within two years - Telegraph


Milan.

[BlasterBates]

But just think of those savers rates !!!

wow...

So sell the house and get ready for those rates ....

[administrator]

The clue is in the word "may". They may hit 14%. They may not. Excellent reporting of facts from the great British press again. A bunch of spin and conjecture wrapped up as news.

[milanbenes]

But just think of those savers rates !!!

wow...

So sell the house and get ready for those rates ....

Blaster,

what about those folks, and I am sure there were one or two here who sold their houses and went to cash expecting house prices to crash, did it happen, did they get the bargains they were expecting, and if they did, do they now need to sell again for fear of not meeting the mortgage payments ?

Milan.

[gingerjedi]

The clue is in the word "may". They may hit 14%. They may not. Excellent reporting of facts from the great British press again. A bunch of spin and conjecture wrapped up as news.

I stopped reading at 'experts have warned', was there a 'fears grow' in there?

[TimberWolf]

Perhaps they meant 1.4%, but 14% sells better.

[sasguru]

Mortgage rates may hit 14pc within two years - Telegraph


Milan.

And that will effectively condemn you to live in the arse-end of Europe forever.

[shaunbhoy]

Matters not a jot what level interest rates get to. Milan will still be left high and dry in some converted pigsty in Mittel-Europe, and AtW will be stuck in his bedsit in Brum with little for company but his autographed squirrel portfolio and his crusty porn collection.

[Bunk]

And that will effectively condemn you to live in the arse-end of Europe forever.

Matters not a jot what level interest rates get to. Milan will still be left high and dry in some converted pigsty in Mittel-Europe, and AtW will be stuck in his bedsit in Brum with little for company but his autographed squirrel portfolio and his crusty porn collection.

What's this? Sas and Shaun in agreement over something? I suppose that says a lot about how tragic poor old Milan is.

[shaunbhoy]

What's this? Sas and Shaun in agreement over something? I suppose that says a lot about how tragic poor old Milan is.

Don't worry bunk. It never lasts long. The wind will change, and the dust particle that is blowing around in sas's vacant old noggin will cause him to do another revaluation.
He is the living embodiment of the concept that if you give enough monkeys typewriters, they will eventually produce the works of Shakespeare. Although in sas's case, expectations are naturally set that bit lower. The foreword to "Spot the Dog" maybe!