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Debate House Prices


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Worried about higher interest rates?

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Comments

  • mayonnaise
    mayonnaise Posts: 3,690 Forumite
    caronoel wrote: »
    I dont see a case for him raising them for at least another six months.

    Quite correct.
    Inflation is low, wage inflation is even lower.
    There's no case for a rate rise at all.
    Don't blame me, I voted Remain.
  • pbouk
    pbouk Posts: 251 Forumite
    It is well over 5 years since the rate dropped to 0.5%. Why are people worried about it rising?
    If you bought before the rate dropped to 0.5% then you should have overpaid your mortgage or sorted your finances out for the day that rates do rise.
    If you bought after the rate dropped to 0.5% then you should have overpaid your mortgage or sorted your finances out for the day that rates do rise. See a similarity there.
    I know it is harsh and I do have sympathy for some people, but 99% of people only have themselves to blame.
  • shortchanged_2
    shortchanged_2 Posts: 5,546 Forumite
    mayonnaise wrote: »
    shortchanged!
    shortchanged?
    hello-o?

    There's a bloke from Reuters here who wants to talk to you.

    What, to point out the obvious that many people are bricking it at the thought of interest rate rises yet all the know it all rampers on here aren't worried about a thing..... cough...cough.
    Why are we here?......................because we are not all there.
  • officeuk
    officeuk Posts: 51 Forumite
    Hopefully the rate increases will wipe out these rampers!
  • ukcarper
    ukcarper Posts: 17,337 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    officeuk wrote: »
    Hopefully the rate increases will wipe out these rampers!

    Just because people don't think prices will crash doesn't make them rampers.
  • chucknorris
    chucknorris Posts: 10,795 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    ukcarper wrote: »
    Just because people don't think prices will crash doesn't make them rampers.

    It's amazing that some people think that some might bother to ramp on here to at most a hundred fellow posters, as if that would influence the market.
    Chuck Norris can kill two stones with one birdThe only time Chuck Norris was wrong was when he thought he had made a mistakeChuck Norris puts the "laughter" in "manslaughter".I've started running again, after several injuries had forced me to stop
  • ukcarper
    ukcarper Posts: 17,337 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    chucknorris wrote: »
    It's amazing that some people think that some might bother to ramp on here to at most a hundred fellow posters, as if that would influence the market.

    I find in strange that a lot of people don't seem able to differnciat between what people think will happen and what they want to happen.
  • ging84
    ging84 Posts: 912 Forumite
    Part of the Furniture Combo Breaker
    is this guy a real approved journalist or a troll who figured out you can get away with anything by putting Approved Journalist in your signature
  • shortchanged_2
    shortchanged_2 Posts: 5,546 Forumite
    Hey Mayo, one for you and the gang on ITV in a couple of minutes at 19.30.

    Tonight programme about interest rates.
    Why are we here?......................because we are not all there.
  • wotsthat
    wotsthat Posts: 11,325 Forumite
    shortchanged wrote: »
    Hey Mayo, one for you and the gang on ITV in a couple of minutes at 19.30.

    Tonight programme about interest rates.

    Hasn't anyone heard of fixed rate mortgages?
This discussion has been closed.
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