We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
Debate House Prices
In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non MoneySaving matters are no longer permitted. This includes wider debates about general house prices, the economy and politics. As a result, we have taken the decision to keep this board permanently closed, but it remains viewable for users who may find some useful information in it. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Halifax Hpi November 2010 -0.1%
Comments
-
Procrastinator333 wrote: »But I was sarcastic because of how useless the point was.
Well I disagree as it was a reply to a poster saying the rate of falls was accelerating.
It is fairly obvious that is not the case, I just backed it up with some figures.
you are right on the 3.4% it was a a skewed month and that is why the +1.8% happened, so perhaps you need to apply your point to others saying falls are gathering pace.0 -
IveSeenTheLight wrote: »Have you got a link to show that "building societies such as Halifax are currently putting their rates up".
I just checked the HSBC which I have long term been tracking and they still offer a 5 Year fix from 3.99%, only £99 booking fee
https://mortgages.hsbc.co.uk/product/186-5-year-fixed-special
Good rate that, here is one from First Direct even lower.
http://mortgages.firstdirect.com/calculators/compare-calc/products
£626 a month for a £120k mortgage, fixed for 5 years, not bad is it.'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 -
Procrastinator333 wrote: »Hate to break it to you, but no. The Halifax compares current quarter average vs the last quarter average. E.g this month quarterly change is
(Sept+Oct+Nov)/3 compared to (June+July+August)/3.
So comparing next months quarters
(Oct + Nov + Dec) / 3 compared to (July+August+September)/3
or
(+1.8%-0.1%-Dec) / 3 compared to (-0.5%-0.9%-3.6%) / 3
As you can see, the December figure would need to overcome the October figure of +1.8% and Novemebers -0.1% for it to be negative.
That said, it's quite plausible for it to be quarterly positive in December for just one month before being negative again in January:wall:
What we've got here is....... failure to communicate.
Some men you just can't reach.
:wall:0 -
What is that website that states when finance information is due (e.g. Halifax housing data) and also the latest estimates?'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
-
What is that website that states when finance information is due (e.g. Halifax housing data) and also the latest estimates?
http://www.forexfactory.com/
0 -
Cheers, I lost it somewhere along the line.'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 -
IveSeenTheLight wrote: »So comparing next months quarters
(Oct + Nov + Dec) / 3 compared to (July+August+September)/3
or
(+1.8%-0.1%-Dec) / 3 compared to (-0.5%-0.9%-3.6%) / 3
As you can see, the December figure would need to overcome the October figure of +1.8% and Novemebers -0.1% for it to be negative.
That said, it's quite plausible for it to be quarterly positive in December for just one month before being negative again in January
No, they add the average house price of each month, not the % movement.0 -
Procrastinator333 wrote: »No, they add the average house price of each month, not the % movement.
Which would have the same result:wall:
What we've got here is....... failure to communicate.
Some men you just can't reach.
:wall:0 -
no it wouldn'tIveSeenTheLight wrote: »Which would have the same result0 -
IveSeenTheLight wrote: »Have you got a link to show that "building societies such as Halifax are currently putting their rates up".
I just checked the HSBC which I have long term been tracking and they still offer a 5 Year fix from 3.99%, only £99 booking fee
https://mortgages.hsbc.co.uk/product/186-5-year-fixed-special
Yuppeties, I certainly have.
http://www.moneysavingexpert.com/news/mortgages/2010/11/halifax-ups-new-borrower-standard-variable-mortgage-rate0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 352.1K Banking & Borrowing
- 253.5K Reduce Debt & Boost Income
- 454.2K Spending & Discounts
- 245.1K Work, Benefits & Business
- 600.7K Mortgages, Homes & Bills
- 177.4K Life & Family
- 258.9K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.2K Discuss & Feedback
- 37.6K Read-Only Boards