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£2000
Comments
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edinburgher wrote: »I'll believe it when I see it
As a saver, might actually stand some chance of getting a house if that happens!
I doubt it, mortgages will become super expensive and sure ppl wont buy but equally people wont sell meaning supply wont increase and prices wont plummet.0 -
Its all about people's perception. If interest rates go that high there will be a reason for it, i.e. inflation (probably), and if there is inflation we are likely to see wage inflation which in turn will lead (or follow) asset inflation.cashbackproblems wrote: »I doubt it, mortgages will become super expensive and sure ppl wont buy but equally people wont sell meaning supply wont increase and prices wont plummet.
People seem to have forgotten that 8% mortgage rates were more the norm not so long ago.Personal Responsibility - Sad but True
Sometimes.... I am like a dog with a bone0 -
I'm going to put my money into paying off the mortgage I think. thanks for the advice.0
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