Saturday 28 March 2009

INTEREST RATES SET TO SOAR

.
.
.
Oh dear. Looks like the BOE might be starting to see the error of their ways.

2 comments:

Mark Wadsworth said...

How do you mean "oh dear".

This - if true, which it isn't - would be excellent news for sell-to-renters such as yours truly - I'd earn more interest (so I'd live effectively rent-free) and house prices would crash even further and faster.

What's not to like?

CROWN said...

oh dear means that they should have realised they have cut rates too far. Penalised savers, rewarded only those with existing tracker and SVR mortgages.