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Interest rates - April 2008
Comments
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I voted for a 0.25% cut.
Im also up for a correction happening over crashI am a Mortgage AdviserYou should note that this site doesn't check my status as a Mortgage Adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.0 -
Capricorn_One wrote: »I think the MPC should go to the pub first and then make up their minds.
I assumed they do that every month... :beer:Hi, we’ve had to remove your signature. If you’re not sure why please read the forum rules or email the forum team if you’re still unsure - MSE ForumTeam0 -
Slight change of mind, if I may:rolleyes: .50 cut definite (possibly .25 if they get bullied by other members:rotfl:free4440273 wrote: ».25 cut (possibly even .50 but I have my doubts): won't make any difference to real mortgage rates; savers will bear the negative consequences:mad: and we can all say 'Goodbye Sterling' :wave:and hello Mr Inflation:hello: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:0 -
overlander wrote: »Hi GG,
Yes if you are lucky to have a guaranteed tracker then it will have a direct effect. But some trackers although called trackers actually track the lenders SVR which is influenced by the Libor rate.
I have a BOE tracker. +0.69. So, any move matters to me too.
I also don't think it will have any effect on the housing market or mortgage deals.
I wait to see if the BOE really are independant. If they are there will be no change or a rise. Any drop and independence is clearly the sham we all pre-guessed as existing.0 -
If a rate is a tracker, it HAS to track....rates likned to the SVR are called discounted variable rates.
55 mins to go!0 -
^Sooooo exciting :rotfl: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:0 -
Ok CPI at 2.5% tells us they should hold rates or increase them by 0.25%. Personally I think they should let sterling devalue further and run CPI straight up to 3-3.5% by cutting by 0.75%. Once they've sorted out the wholesale markets we can start to worry about inflation again.0
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:eek: :eek: You ARE joking...thought so:rotfl:Personally I think they should let sterling devalue further and run CPI straight up to 3-3.5% by cutting by 0.75%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:0 -
I think inflation should be the number one priority!0
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Not joking at all. The compound effects of Basel 2 and credit crunch are frightening.0
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