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Shared Ownership: is it worth it?

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  • Yeah, rates have gone nuts but they are coming down slowly so keep looking. 

    Nah, rates had gone nuts in the last 10 years and are just normalizing back into a range where they have been historically, we’ll see where it will balance out but expectation of the rates “coming down slowly” in the near term rather unrealistic
  • housebuyer143
    housebuyer143 Posts: 4,257 Forumite
    1,000 Posts Third Anniversary Name Dropper
    edited 26 October 2022 at 2:13PM
    Yeah, rates have gone nuts but they are coming down slowly so keep looking. 

    Nah, rates had gone nuts in the last 10 years and are just normalizing back into a range where they have been historically, we’ll see where it will balance out but expectation of the rates “coming down slowly” in the near term rather unrealistic
    Rates are coming down slowly. Lots of lenders have reduced their prices in the last few days. Where they are now is ridiculously high in comparison to the base rate which is not normal at all.
    Now the swap rates are reducing,  You'll find lenders should be able to reduce their rates a bit more.  I'm not saying they're going to get to 1% but should come down from the high from the last few weeks.

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