Debate House Prices


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Cpi 3.3%

Another bit of bad news for homeowners. No IR reductions anytime soon. More likely to have IR rises ;)

Comments

  • WTF?_2
    WTF?_2 Posts: 4,592 Forumite
    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.
  • mystic_trev
    mystic_trev Posts: 5,434 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    !!!!!!? wrote: »
    Hooray. Inflation is down to 3.3%!

    Yeah - Merv's been flogging some cheap DVD's round the back of the BofE :rolleyes:
  • m00m00
    m00m00 Posts: 1,755 Forumite
    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 ...
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