Debate House Prices


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ONS: + 1.1% MoM +9.6% YoY

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Comments

  • ruggedtoast
    ruggedtoast Posts: 9,819 Forumite
    Generali wrote: »
    Highly unlikely with CPI at -0.1%. When the Fed raises the BoE might follow.

    Ah good. I don't want to have to face the consequences of my reckless borrowing, and I don't see why I should either.
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    ruggedtoast wrote: »
    Yeah but, not er, raising interests rates, right?

    /nervous

    BOE has other levers by which it can control lenders ability to advance money and at what rates.

    The Funding for Lending Scheme (mortgages) draws closer to reversal as well. So wouldn't be surprising to see fixed rates slowly drifting out. As lenders position themselves to find other sources of funding i.e. retail deposits.
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