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Debate House Prices
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Cpi 3.3%
mystic_trev
Posts: 5,434 Forumite
Another bit of bad news for homeowners. No IR reductions anytime soon. More likely to have IR rises 
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Comments
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mystic_trev wrote: »Another bit of bad news for homeowners. No IR reductions anytime soon. More likely to have IR rises
Hooray. Inflation is down to 3.3%!
That's a relief as I had been seeing rises of anything from 10% to 40% in stuff I regularly have to buy (food, diesel, heating oil, electricity) but now that these figures are out it's clear that they've managed to cut it back to only 3.3% with their tough policies of low interest rates and lax monetary policy.
Well done Bank of England - time for some interest rate cuts to celebrate! Let's see those Green Shoots of Recovery sprouting! :rotfl:--
Every pound less borrowed (to buy a house) is more than two pounds less to repay and more than three pounds less to earn, over the course of a typical mortgage.0 -
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mystic_trev wrote: »Yeah - Merv's been flogging some cheap DVD's round the back of the BofE :rolleyes:
those are strictly cash transactions, no refunds.It's a health benefit ...0
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