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That time of the month - Interest Rates!

12346

Comments

  • mystic_trev
    mystic_trev Posts: 5,434 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    +0.25%
    cojaq wrote: »
    Another increase in my morgage, I wish I could pay mine off. I might try the lottery on Saturday night. I've just moved house and I'm not used to paying the increased morgage yet let alone a BOE increase!!!:confused:

    It's a mortgage! If you can't spell it, you shouldn't have one!
  • PJD
    PJD Posts: 582 Forumite
    Part of the Furniture 100 Posts Combo Breaker
    +0.25%
    Surely you must have factored in the possible rise of future rates when you took out your variable rate or base rate tracker mortgage?
  • dannyboycey
    dannyboycey Posts: 1,060 Forumite
    +0.25%
    PJD wrote: »
    Surely you must have factored in the possible rise of future rates when you took out your variable rate or base rate tracker mortgage?

    Don't be stupid. That's far too sensible. A lot of people have trouble deciding what they are going to have for dinner tonight - to ask someone to plan their finances more than a payday in advance is lunacy! :rotfl:
  • cupid_s
    cupid_s Posts: 2,008 Forumite
    PJD wrote: »
    Surely you must have factored in the possible rise of future rates when you took out your variable rate or base rate tracker mortgage?

    This is exactly what we did - when we fixed at 5.39% we knew we could afford the rate to be about 15% after the 3 year fix so at least we're safe for a while. But although we can more than afford a rate increase, it doesn't mean I like it one bit.

    The people who took out fixed rate mortgages with no consideration of future increases who now find themselves really really struggling will get no sympathy from me.
  • dannyboycey
    dannyboycey Posts: 1,060 Forumite
    +0.25%
    I can't believe people are still voting!!!!
  • free4440273
    free4440273 Posts: 38,438 Forumite
    +0.25%
    I can't believe people are still voting!!!!
    ...perhaps it's a case of 'wishful thinking', 'with hindsight', 'on reflection', 'and next month will be' etc. :)
    BLOODBATH IN THE EVENING THEN? :shocked: OR PERHAPS THE AFTERNOON? OR THE MORNING? OH, FORGET THIS MALARKEY!

    THE KILLERS :cool:

    THE PUNISHER :dance: MATURE CHEDDAR ADDICT:cool:
  • dannyboycey
    dannyboycey Posts: 1,060 Forumite
    +0.25%
    ...perhaps it's a case of 'wishful thinking', 'with hindsight', 'on reflection', 'and next month will be' etc. :)

    Or perhaps they are just numpties? :p
  • cupid_s
    cupid_s Posts: 2,008 Forumite
    but are they voting +0.25%?
  • phlash
    phlash Posts: 883 Forumite
    500 Posts
    +0.25%
    Next time I will get it to end at 12 noon!

    People are probably voting 0.25% to make it look like they got it right! lol

    That's why I posted the summary at top of page 3 of this thread, so if the stats changed because Patrick, Lisa, Bongo Mongo whatever he/she/it wants to call himself/herself/itself we would at least have some record.

    I thought 80% voting for a rise spoke volumes, you don't normally get that many to agree on anything!

    Bets on for what the vote was? Another poll?! lol.
    I can take no responsibility for the use of any free comments given, any actions taken are the sole decision of the individual in question after consideration of my free comments.
    That also means I cannot share in any profits from any decisions made!;)
  • cojaq
    cojaq Posts: 21 Forumite
    +0.25%
    It's a mortgage! If you can't spell it, you shouldn't have one!


    Disclaimer: Any spelling mistakes or incorrect grammar is purely coincidental and in no way reflects the intelligence of the author.
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