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Debate House Prices
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Low interest rates.
Comments
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What if I don't want to take a risk. I said the difference in rates was for the same type of savings account.Plenty of products offering more than 2-3%,just need to take more of a risk.
Gone are the days of a decent return on savings for sitting on yer !!!.A bank is a place that will lend you money if you can prove you don't need it.0 -
I can say hand on heart that nothing has changed my life as much as the low interest rates.
Who would have ever believed it was possible really?
I can remember when my rate was 4-6%.
Never really took my notice of it. My mortgage company doesn't automatically reduce payments when the rate drops so for a year or so I was overpaying.
Just under 2 years ago, I had the confidence these low rates were here to stay. Good move on my part. I bought a new car and now have just 2 more payments to go.
Never dreamed I would get to this stage and rates would still be on the floor.
I am really starting to believe rates will be under say 3% for the rest of the mortgage term.
I suppose as somebody who remembers the old 15% horror rates that is what gives it the surreal feeling.
Do any of you feel the same?
It's really possible we are on these low rates for good isn't it?
Dont let your mrs read the first line of your post.
Unless of course low intrest rates helped you buy the mrs:)0 -
bobthedambuilder wrote: »For everyone that's benefitted from low actual interest rates there's somebody who has suffered by it. Think of the pensioners who have a little nest-egg put by for comfort in their old age who now get a pittance.
Oldvicar says interest rates are the same as they were 10 years ago. I don't see that. Then, I was getting 6%+ for my deposits. Now I'm getting 2-3% for the same type of savings account.
Now that we are in Diamond Jubilee year I was thinking back to the special rates available from Nationwide on fixed term (golden) Jubilee Bonds in 2002, and Coronation Bonds in 2003. The latter paid 3.5% gross IIRC. These really were very special rates, limited to loyal members of 2+ years standing and were fixed term (3-year ish?) accounts. The rates really were good compared to the general market and there was an upper investment limit of £5000.0 -
I can say hand on heart that nothing has changed my life as much as the low interest rates.
I can say hand on heart that nothing has changed my life as much as the the women I am soon to marry.RUN_RABBIT_RUN wrote: »my mortgage is £500 a month less than it used to be. happy days.
If I got a £500 reduction on mortgage they would be paying me!
Have my first business premises (+4th business) 01/11/2017
Quit day job to run 3 businesses 08/02/2017
Started third business 25/06/2016
Son born 13/09/2015
Started a second business 03/08/2013
Officially the owner of my own business since 13/01/20120 -
Dont let your mrs read the first line of your post.
Unless of course low intrest rates helped you buy the mrs:)
Mate your boring.
You have never had a woman a good looking as my wife. You never will.
It's silly for you to comment.
I expect you dream about what it's like to be with a page 3 girl in real life.
Some of us know. :rotfl:We love Sarah O Grady0 -
Mate your boring.
You have never had a woman a good looking as my wife. You never will.
It's silly for you to comment.
I expect you dream about what it's like to be with a page 3 girl in real life.
Some of us know. :rotfl:
Mrs Sibley is sure a looker, you are one lucky man and so is your other half.:exclamatiScams - Shared Equity, Shared Ownership, Newbuy, Firstbuy and Help to Buy.
Save our Savers
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Is it just me who doesn't care where Sibley puts his bits in his spare time, if he is happy so be it.Have my first business premises (+4th business) 01/11/2017
Quit day job to run 3 businesses 08/02/2017
Started third business 25/06/2016
Son born 13/09/2015
Started a second business 03/08/2013
Officially the owner of my own business since 13/01/20120 -
Mate your boring.
You have never had a woman a good looking as my wife. You never will.
It's silly for you to comment.
I expect you dream about what it's like to be with a page 3 girl in real life.
Some of us know. :rotfl:
Bit of a legend you aint ya.
Well you could have been if you hadnt bought a wife.
That voice in the back of your head is the one thats always right. You should have listened to it.0 -
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