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Interest Rates
Comments
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Looks like a different broker is the advice?laus89 said:
Yes its that one 😊HotPantsCruiser said:0 -
Did the broker get back to you?0
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I had a large mortgage under Thatcher's rule, November 1979 , BoE rates hit 17,%, but I was "lucky" , my building society only charged 15%....
That was painful.0 -
Not yet but I will post when they do.HotPantsCruiser said:Did the broker get back to you?
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Ouch!!theartfullodger said:I had a large mortgage under Thatcher's rule, November 1979 , BoE rates hit 17,%, but I was "lucky" , my building society only charged 15%....
That was painful.
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Savings accounts paid about 12% at the time though?theartfullodger said:I had a large mortgage under Thatcher's rule, November 1979 , BoE rates hit 17,%, but I was "lucky" , my building society only charged 15%....
That was painful.2 -
Savings accounts paid 10% in 2000 when mortgage rates were 5% … those were the days, where did it all go wrongHotPantsCruiser said:
Savings accounts paid about 12% at the time though?theartfullodger said:I had a large mortgage under Thatcher's rule, November 1979 , BoE rates hit 17,%, but I was "lucky" , my building society only charged 15%....
That was painful.1 -
Ah yes. the good old days of stoozing 0
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When banks and other financial institutions realised that securitising mortgage debt was a cheaper way of raising capital than borrowing from savers.SuseOrm said:
Savings accounts paid 10% in 2000 when mortgage rates were 5% … those were the days, where did it all go wrongHotPantsCruiser said:
Savings accounts paid about 12% at the time though?theartfullodger said:I had a large mortgage under Thatcher's rule, November 1979 , BoE rates hit 17,%, but I was "lucky" , my building society only charged 15%....
That was painful.0
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