BOE Rates hit 1.5%

chucky

purch wrote: »

But it is the only one with a pretty red line on a graph. :beer:

and it's a beautiful graph too that is telling me that my mortgage interest is now £300 less!! :T

Old_Slaphead

sb44 wrote: »

Hopefully the BS's will pass it on. Only a saving of just over £13 on our mortgage payment but better than an increase.

Hopefully not. It's about time this Gov't thought about savers.

Smart_FX

Sterling strenghten against Euro and now it is Sterling/EURO 1.12

Last week we were looking at 1.07

Really2

Old_Slaphead wrote: »

Hopefully not. It's about time this Gov't thought about savers.

If everyone goes bust you wont have any savings.;)

97trophy

Never thought I would see this day! Astonished.

IveSeenTheLight

Cannon_Fodder wrote: »

thanked the graph, even steeper than house prices...

...but the thread is not the first!!

Ah well, there was no other post while I was typing / puting pictures in, obviously someone beat me to it on the other thread :rolleyes:

Sensible cut I think. Allows further room to manouver.

It also means I'm paying off my mortgage even quicker :T

chucky wrote:

and it's a beautiful graph too that is telling me that my mortgage interest is now £300 less!! :T
[/chucky]

I presume the £300 less is per month and refers to the 4.25% drop or is it per year and just the 0.5% drop?

skap7309

Old_Slaphead wrote: »

Hopefully not. It's about time this Gov't thought about savers.

Whilst i totally agree with you thats the funniest thing i have heard today! :rotfl::rotfl:

What are savers (me included) bringing to the economiee? Nothing Boredom Brown is remotely interested in..................

Spending and debt is all Labour cares about, not the people. Think about it.

abaxas

In other words...

We are F*CKED.

mdb99jh

skap7309 wrote: »

Whilst i totally agree with you thats the funniest thing i have heard today! :rotfl::rotfl:

What are savers (me included) bringing to the economiee? Nothing Boredom Brown is remotely interested in..................

Spending and debt is all Labour cares about, not the people. Think about it.

Sad but true. I just wish Labour would realise that it's more savings that the banks need right now to help with liquidity, so they can start lending again. You can't just jump directly to step 2!

IveSeenTheLight

skap7309 wrote: »

Hahaha. For you, yes.
For me, i hope they do not as it will be offset by reducing interest on my savings.

Which is higher, your mortgage or your offset savings?
If it is your mortgage then you also would benefit from the drop