SMF - Just Installed!

should be down again tomorrow- Interest Rates

Started by Badger, April 09, 2008, 07:59:35 AM

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Badger

Talk of .25 coming off.  that takes one of my mortgages below 700 quid a roonies.

propertyfag

Isn't the next decision tomorrow, on the 10th?

Badger

Sorry im ahead of myself, its all this excitment. yes the 10th

propertyfag

Regardless, fingers crossed there will be a drop. I got a letter a few days ago, telling me my rates will be dropping!!

Unfortunately there's like a 2/3 month delay from the previous drop in the base rate, before my lender actually reflects on the rates.

propertyfag

Right, today is the big day! Many predict a 0.25% drop, but some are even saying 0.50%!

COME ON!