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Halifax +1.1% (YoY -12.1%)
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You've been doing good work in leading the bear-resistance side in this forum in recent months it seems to me.
I've been a bit sapped for energy. It has been a bruising few months for the bears and the bulls know it.
Just read this article in the Times which tallies up with my last post on this thread.
http://business.timesonline.co.uk/tol/business/economics/article6739696.ece
A great article and something I've been saying for a while now, the question is how long can this go on for ? IR's are the key going forward, when will the BoE stop stealing from savers and handing it over to the indebted ? It seems at this point in time....for as long as it takes.0 -
A great article and something I've been saying for a while now, the question is how long can this go on for ? IR's are the key going forward, when will the BoE stop stealing from savers and handing it over to the indebted ? It seems at this point in time....for as long as it takes.
The BOE will change rates to maintain inflation at around 2%.
Stop complaning about saving rates. Plenty of good rates recently. First time in years that deposit rates exceed inflation. Savers are being rewarded as everybody wants our cash! :j
( i've ignored Iceland as that was always too good to be true).0 -
Thrugelmir wrote: »The BOE will change rates to maintain inflation at around 2%.
Stop complaning about saving rates. Plenty of good rates recently. First time in years that deposit rates exceed inflation. Savers are being rewarded as everybody wants our cash! :j
( i've ignored Iceland as that was always too good to be true).
But as always, the inflation figures are highly suspect!
Savers are just about breaking even with the real everyday inflation, if they're lucky. Debtors are the real winner right now.0 -
A great article and something I've been saying for a while now, the question is how long can this go on for ? IR's are the key going forward, when will the BoE stop stealing from savers and handing it over to the indebted ? It seems at this point in time....for as long as it takes.
there is quite a bit of irony in that comment...
you want low mortgage rates but you also want good savings rates...
tell me how we can achieve this
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there is quite a bit of irony in that comment...
you want low mortgage rates but you also want good savings rates...
tell me how we can achieve this
Where do you get this from
you want low mortgage rates
I don't think he does.
'Just think for a moment what a prospect that is. A single market without barriers visible or invisible giving you direct and unhindered access to the purchasing power of over 300 million of the worlds wealthiest and most prosperous people' Margaret Thatcher0 -
Where do you get this from
you want low mortgage rates
I don't think he does.
take your pick... for someone unconcerned with mortgage rates, he's definitely showing a lot of interest in them..
Fixed rate mortgages set for imminent increase.
http://forums.moneysavingexpert.com/showthread.html?t=1742857&highlight=
Nationwide rates to increase by +.30% across the board.
http://forums.moneysavingexpert.com/showthread.html?t=1742623&highlight=
After Nationwide's increase yesterday.... the rest follow today.
http://forums.moneysavingexpert.com/showthread.html?t=1749235&highlight=
Nationwide imposes sharp rise in fixed rates.
http://forums.moneysavingexpert.com/showthread.html?t=1746683&highlight=0 -
You've been doing good work in leading the bear-resistance side in this forum in recent months it seems to me.
I've been a bit sapped for energy. It has been a bruising few months for the bears and the bulls know it.
Just read this article in the Times which tallies up with my last post on this thread.
http://business.timesonline.co.uk/tol/business/economics/article6739696.ece
You said previously that marginal forced sales (death,divorce etc) in a low volume market would collapse values, doesn't seem to be happening.'Just think for a moment what a prospect that is. A single market without barriers visible or invisible giving you direct and unhindered access to the purchasing power of over 300 million of the worlds wealthiest and most prosperous people' Margaret Thatcher0 -
take your pick... for someone unconcerned with mortgage rates, he's definitely showing a lot of interest in them..
Chucky he wants high mortgage rates to collapse house prices.
Mortgage rates on the up, will this put the brakes on the green shoot ?'Just think for a moment what a prospect that is. A single market without barriers visible or invisible giving you direct and unhindered access to the purchasing power of over 300 million of the worlds wealthiest and most prosperous people' Margaret Thatcher0 -
Thrugelmir wrote: »The BOE will change rates to maintain inflation at around 2%.
Stop complaning about saving rates. Plenty of good rates recently. First time in years that deposit rates exceed inflation. Savers are being rewarded as everybody wants our cash! :j
( i've ignored Iceland as that was always too good to be true).
Not sure I agree here Thrugelmir.
Savings rates have shown very moderate improvements recently, but haven't been what I'd call good in any way. Lock in periods have been low, as have the majority of returns. Best deals seem to have focussed on regular saver accounts, which to me don't significantly impact on income levels for the saver.It's getting harder & harder to keep the government in the manner to which they have become accustomed.0
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