michael Posted December 4, 2008 Share Posted December 4, 2008 Now 2%... http://news.bbc.co.uk/1/hi/business/7764741.stm Link to comment Share on other sites More sharing options...
AndrewOW Posted December 4, 2008 Share Posted December 4, 2008 Now 2%... http://news.bbc.co.uk/1/hi/business/7764741.stm I hope this gets passed on to me when I remortgage in March next year Link to comment Share on other sites More sharing options...
Gazboy Posted December 4, 2008 Share Posted December 4, 2008 I hope this gets passed on to me when I remortgage in March next year Isn't there a big 'hoo-ha' that the banks aren't passing on these cuts from the last rate cut? Link to comment Share on other sites More sharing options...
Thorin Posted December 4, 2008 Share Posted December 4, 2008 w00t! Just how low will it go, I'm hoping for 0%. Link to comment Share on other sites More sharing options...
AndrewOW Posted December 4, 2008 Share Posted December 4, 2008 Isn't there a big 'hoo-ha' that the banks aren't passing on these cuts from the last rate cut? Yeah, its very naughty isn't it? That's why I'm hoping they would've done by the time I remortgage. I think it takes about a month to kick in, allegedly. w00t! Just how low will it go, I'm hoping for 0%. 0% fixed rate for 5 years would be fantastic IMO! As I've got an interest only mortgage it would mean no payments. Great! Link to comment Share on other sites More sharing options...
b_have Posted December 4, 2008 Share Posted December 4, 2008 Yeah, its very naughty isn't it? That's why I'm hoping they would've done by the time I remortgage. I think it takes about a month to kick in, allegedly. 0% fixed rate for 5 years would be fantastic IMO! As I've got an interest only mortgage it would mean no payments. Great! Wow, you're lucky to get a BoE rate, mine is 0.6 above. Who's your lender? Link to comment Share on other sites More sharing options...
ilicos Posted December 4, 2008 Share Posted December 4, 2008 Yeah, its very naughty isn't it? That's why I'm hoping they would've done by the time I remortgage. I think it takes about a month to kick in, allegedly. 0% fixed rate for 5 years would be fantastic IMO! As I've got an interest only mortgage it would mean no payments. Great! The banks will obviously put their mark up on and dont be surprised if you see 2-3% above base if it drops that low Link to comment Share on other sites More sharing options...
penguin Posted December 4, 2008 Share Posted December 4, 2008 is anyone who has a mortgage really going to go out and spend the cash they are saving? i'm not - going to leave it on the side for when the cronies put up interest rates in the future and screw everyone. Link to comment Share on other sites More sharing options...
Pete Posted December 4, 2008 Share Posted December 4, 2008 This is great. I'm now paying my mortgage at 2.59% Link to comment Share on other sites More sharing options...
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