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Bbc
missile
Posts: 11,879 Forumite
Hi,
Did anyone else watch the BBC programme this morning. I was shocked to learn some £1 trillion although I think the program quoted some £965 billion owed on mortgages and repossions have increased dramatically in the UK this year. Mortgage rates are very low. What on earth will happen, if rates climb to 14% like it was when I bought my first house.
see http://news.bbc.co.uk/2/hi/business/5030820.stm
Did anyone else watch the BBC programme this morning. I was shocked to learn some £1 trillion although I think the program quoted some £965 billion owed on mortgages and repossions have increased dramatically in the UK this year. Mortgage rates are very low. What on earth will happen, if rates climb to 14% like it was when I bought my first house.
see http://news.bbc.co.uk/2/hi/business/5030820.stm
"A nation's greatness is measured by how it treats its weakest members." ~ Mahatma Gandhi
Ride hard or stay home :iloveyou:
Ride hard or stay home :iloveyou:
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