monkeytassle
Striker
Rates always fall faster than they rise.
Interest Rates to rise this week?
- Thread starter Big Jeff
- Start date
42
Striker
Mortgage brokers? I'm talking about the actual financial markets.
But yeah, no one really knows. A global event could easily change them either way.
Big Jeff
Winger
Let’s hope we see the same for gas and lecky.
monkeytassle
Striker
Yeah that doesn't happen
£240 over a two year fix. A brokers fee (if there is one) can be less & there might have been a better deal out there.
Might not be as applicable to you like, but the younger you are & certainly the more you’ve got on the mortgage the more valuable it becomes.
Very, very rare that a reduction in prices matches the original rise.
Once they've got us used to the higher price, they know we'll be grateful for any reduction, no matter how small. And so their profits increase even more.
Taking the p!ss out of us, man.
Big Jeff
Winger
Agreed. I can see these mental prices being like this for years. We need some competition to get better deals
zwartekat
Striker
I assume this is irony?
A five year swap (decent proxy for a 5 year deal) has gone up by 0.70% in the last week.
Paddy O'Dors
Striker
Think they've been too slow to react.
monkeytassle
Striker
I'm out of the market on leave at the moment but is that right? 5y swap has moved 70 beeps?
harmy
Striker
Heading for another ride with the boe.
Been told to expect to get as high as 6% by my advisor. Expecting another 0.25% in two weeks time.
Many mortgage offers have been pulled since Thursday. Mine has changed 3 times since then.
Looks like I’m going to pull out of buying a new Kip now. Will probably take mine off the market and stay put.
Been told to expect to get as high as 6% by my advisor. Expecting another 0.25% in two weeks time.
Many mortgage offers have been pulled since Thursday. Mine has changed 3 times since then.
Looks like I’m going to pull out of buying a new Kip now. Will probably take mine off the market and stay put.
mcq10
Striker
Might as well keep putting them up and hoping for the best because that’s all they have left now.
AndrewP
Striker
Old MT will be out of shoes soon.
Really? Which banks are actually pulling offers?
jackynutmeg
Striker
Seen the same on the news this morning
AndrewP
Striker
Is it products being pulled, or offers? Two very different things.
5 year fixes have been up at 4.38 for a bit now iirc.
Gillythedilf
Winger
I think it’s starting to effect the building trade.
Things seem to be slowing down and getting back to normal thank god.
Things seem to be slowing down and getting back to normal thank god.
AndrewP
Striker
Surely fast is better for you?
harmy
Striker
Products mate. Sorry for the miscommunication
