Interest rates too high

[Solidec]

That's rubbish. A mortgage is a loan so the lowest an interest rate can go is zero percent. Some people are just plain stupid !!!

Oh dear.

There is in fact such a thing as NEGATIVE INTEREST. Besides I cannot imagine anyone has a below base rate tracker that has more than a few months to run!

[Cyberman]

I heard on the radio that there are a few C&G mortgage holders out there who would be paid for the privilege if rates go down by much more because they have a certain percentage below base rate deal, even though it’s written in the small print that this can’t happen there’s little chance of C&G being able to enforce it as this wouldn’t have been made clear enough when the mortgage was originally sold.

Boomed.

That's rubbish. A mortgage is a loan so the lowest an interest rate can go is zero percent. Some people are just plain stupid !!!

[gingerjedi]

I heard on the radio that there are a few C&G mortgage holders out there who would be paid for the privilege if rates go down by much more because they have a certain percentage below base rate deal, even though it’s written in the small print that this can’t happen there’s little chance of C&G being able to enforce it as this wouldn’t have been made clear enough when the mortgage was originally sold.

Boomed.

[BrilloPad]

OK I have f uhrking had enough!!

1) I am sick of every news channel talking about Obama. SFW if he is black. UK media get a life , he is the president of ANOTHER country FFS!! Can we plleeezze go back to slagging off snotty and his minions?

2) Recession. OK now the numbers say we ARE in a recession so can we put our heads down and just f uhrking get on with it!! I dont want to see shrinks and whinging finance bods on breakfast TV telling me how to deal with a recession. I dont care. Can you all just STFU about it now and stop showing meaningless graphs punctuated with dramatic red graphics

3) I dont blame snotty, I dont blame the US I dont blame anyone, we have had many booms and busts and will have many more , so can all you kids and so called f urhking experts stop whinging and writing long pointless articles and subjecting us to hours of spurious analysis on the TV. Sh!t happens, deal with it.

No more Obama and no more recession, pleeeeze..... can we talk about something interesting like the seasonal variances in the growth rate of cruciferous vegetables in Patagonia?

Are you feeling better now?

[Cyberman]

Why does every single post you EVER make on this forum revolve around EITHER House Prices or the cost of Mortgages, OR your bloody shares in Northern Rock?

Its getting bloody tiresome, can you change the record please?

If there is a link that outlines the incompetence of HMG I am not going to ignore it if it emphasises my point. A lot of today's problems stem from Gordon Brown and his handling of the banks over the past 12 years.

[Solidec]

Interest rates are indeed far too high for many people on fixed rates and this will continue to be a problem for quite a while as people are unable to remortgage easily, partially due to the illogical HMG policy of reducing the Northern Rock mortgage book to repay loans.

Unfortunately the Labour policy of keeping rates high for over a year after the US liquidity problems in July 2007 has exacerbated current problems.

Why does every single post you EVER make on this forum revolve around EITHER House Prices or the cost of Mortgages, OR your bloody shares in Northern Rock?

Its getting bloody tiresome, can you change the record please?

[Cyberman]

Interest rates are indeed far too high for many people on fixed rates and this will continue to be a problem for quite a while as people are unable to remortgage easily, partially due to the illogical HMG policy of reducing the Northern Rock mortgage book to repay loans.

Unfortunately the Labour policy of keeping rates high for over a year after the US liquidity problems in July 2007 has exacerbated current problems.

[ratewhore]

can we talk about something interesting like the seasonal variances in the growth rate of cruciferous vegetables in Patagonia?

You start.

[Cliphead]

OK I have f uhrking had enough!!

1) I am sick of every news channel talking about Obama. SFW if he is black. UK media get a life , he is the president of ANOTHER country FFS!! Can we plleeezze go back to slagging off snotty and his minions?

2) Recession. OK now the numbers say we ARE in a recession so can we put our heads down and just f uhrking get on with it!! I dont want to see shrinks and whinging finance bods on breakfast TV telling me how to deal with a recession. I dont care. Can you all just STFU about it now and stop showing meaningless graphs punctuated with dramatic red graphics

3) I dont blame snotty, I dont blame the US I dont blame anyone, we have had many booms and busts and will have many more , so can all you kids and so called f urhking experts stop whinging and writing long pointless articles and subjecting us to hours of spurious analysis on the TV. Sh!t happens, deal with it.

No more Obama and no more recession, pleeeeze..... can we talk about something interesting like the seasonal variances in the growth rate of cruciferous vegetables in Patagonia?

Back to Big Brother then?

[sunnysan]

Friday Rant

OK I have f uhrking had enough!!

1) I am sick of every news channel talking about Obama. SFW if he is black. UK media get a life , he is the president of ANOTHER country FFS!! Can we plleeezze go back to slagging off snotty and his minions?

2) Recession. OK now the numbers say we ARE in a recession so can we put our heads down and just f uhrking get on with it!! I dont want to see shrinks and whinging finance bods on breakfast TV telling me how to deal with a recession. I dont care. Can you all just STFU about it now and stop showing meaningless graphs punctuated with dramatic red graphics

3) I dont blame snotty, I dont blame the US I dont blame anyone, we have had many booms and busts and will have many more , so can all you kids and so called f urhking experts stop whinging and writing long pointless articles and subjecting us to hours of spurious analysis on the TV. Sh!t happens, deal with it.

No more Obama and no more recession, pleeeeze..... can we talk about something interesting like the seasonal variances in the growth rate of cruciferous vegetables in Patagonia?

[BrilloPad]

Interest rates too high

...apparently they should be -6 %

Does this mean you get paid for having a loan

Isn't that what quantitive easing is about?

[moorfield]

Just think of all the COBOL apps that'll need to be rewritten if they have negative interest rates. Seems a bit pointless though as everybody would remove their money from the bank and put it in a sock.

fireplace

[Mich the Tester]

Interest rates too high

...apparently they should be -6 %

Does this mean you get paid for having a loan

Just think of all the COBOL apps that'll need to be rewritten if they have negative interest rates. Seems a bit pointless though as everybody would remove their money from the bank and put it in a sock.

[BlasterBates]

Interest rates too high

...apparently they should be -6 %

Does this mean you get paid for having a loan