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

[fullyautomatix]

Experts like to predict these things so they can then say 'i told you so' if and when it actually happens.

Tell them to bet their life savings on that prediction and they will run off with the tail between their legs.

[sunnysan]

Experts

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

WHS

[milanbenes]

Indeed but, for the moment, just suppose they did shoot into double figures? What with all those large mortgages and unemployment as well, wouldn't there be carnage and repossessions like never before?

yep, the future ain't bright

Milan.

[Doggy Styles]

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

Indeed but, for the moment, just suppose they did shoot into double figures? What with all those large mortgages and unemployment as well, wouldn't there be carnage and repossessions like never before?

[AtW]

A bunch of spin and conjecture wrapped up as news.

This would have never happened under Labour!

[milanbenes]

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

part of the Benes mandate on CUK is to provide a social service bringing together lonely hearts.

As can be seen above, another success, Shaun and Sas, and may they forever be happy

Milan.

[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!

[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]

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.

[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.

[TimberWolf]

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

[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?

[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.

[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.

[BlasterBates]

But just think of those savers rates !!!

wow...

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