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Oh dear. Looks like the BOE might be starting to see the error of their ways.
Saturday 28 March 2009
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- Bank of England mortgage approvals March 2009
- Taxpayer pays for Home Secretary's porn
- Can Gordon Brown embarrass us anymore?
- Dunfermline Building Society collapses
- INTEREST RATES SET TO SOAR
- Brown gets lectured in Chile
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- Downing street website spoof
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2 comments:
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?
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.
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