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Mortgage Joy to last 3 years.... No rise til 2014?
HAMISH_MCTAVISH
Posts: 28,592 Forumite
“The great enemy of the truth is very often not the lie – deliberate, contrived, and dishonest – but the myth, persistent, persuasive, and unrealistic.
Belief in myths allows the comfort of opinion without the discomfort of thought.”
-- President John F. Kennedy”
Belief in myths allows the comfort of opinion without the discomfort of thought.”
-- President John F. Kennedy”
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Comments
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So now you like the views of Capital Economics.;)Vicky Redwood at analysts Capital Economics says a rise in rates “is now even less likely than before. Our long-held view is that interest rates will remain on hold. We are not expecting interest rates to rise now until 2014 at the earliest”.0
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Thrugelmir wrote: »So now you like the views of Capital Economics.;)
I've never denied they've got a good record on interest rate predictions.
Bootle has been top of the heap in that regard for quite some time.
It's their house price predictions that are demonstrably awful.
“The great enemy of the truth is very often not the lie – deliberate, contrived, and dishonest – but the myth, persistent, persuasive, and unrealistic.
Belief in myths allows the comfort of opinion without the discomfort of thought.”
-- President John F. Kennedy”0 -
That death nurse is pretty fit. She can put saline in my bottle any day.
(too soon?)0 -
I thought it was Sibley`s job to post Daily Express articles.0
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ruggedtoast wrote: »That death nurse is pretty fit. She can put saline in my bottle any day.
(too soon?)
she looks a lot like Jennifer Aniston.0 -
Another day, another ramping article from the Express.0
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I wouldn't give this any more credence than I would give to an article saying that intrest rates will be 10% in 2014. Either may prove right, but neither is likely to do so.
Why do some contributors to this forum seem so eager to point out every speculative article that supports their own pet economic theory?"When the people fear the government there is tyranny, when the government fears the people there is liberty." - Thomas Jefferson0 -
I kinda expected rates to be between 1-2% by 2014, but them remaining at 0.5% still wouldn't surprise me. This is turning out to be a once in a lifetime windfall for many mortgage holders, inc many of those who bought at or near peak. Thousands of landlords who borrowed heavily during the boom also look set to benefit hugely from current policy, esp in light of half a million immigrants arriving each year and Tory policy destroying house building levels ever further.
The HPC bears are now facing their own 'lost decade'. Ouch!Hi, we’ve had to remove your signature. If you’re not sure why please read the forum rules or email the forum team if you’re still unsure - MSE ForumTeam0 -
The HPC bears are totally smashed and they know it. Look how twisted they are on the comments.
One of them is trying to impersonate me. Now that alone tells me he is a broken man.
This news has really stuffed them today. :rotfl:We love Sarah O Grady0 -
I'm confused!
Who is "Morgage Joy"? And who is she sleeping with, and why did she murder someone?0
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