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Corsa Sport » Message Board » Off Day » House Day » Does the new interest rate effect your payments much? » Post Reply
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Jodi_the_g |
posted on 9th Nov 06 at 16:07 |
quote: or a extra £5400 on top of the morgage. Still the lowest they been on average for about 20 years, though been raise alot recent and will almost certain keep going up with the encomeny the way it is. | |
liveseytowers |
posted on 9th Nov 06 at 16:00 |
I've never liked the idea of a tracker mortgage so went for a fixed 5 year one. You'd have to be mad to go for a tracker in the current house market. Still waiting for the crash that was promised years ago. Gona buy a second house and rent it out if they ever drop :) | |
Ally |
posted on 9th Nov 06 at 15:46 |
Tracker mortgages are crap imo, was advised not to get one | |
mav |
posted on 9th Nov 06 at 15:42 |
I'm on a fixed rate at moment. | |
--Dave-- |
posted on 9th Nov 06 at 15:17 |
that's what I thought. Was in the Metro though :boggle: | |
Ally |
posted on 9th Nov 06 at 14:30 |
10% seems abit harsh :lol: | |
--Dave-- |
posted on 9th Nov 06 at 14:05 |
10% was the average increase as far as I'm aware. | |
Ally |
posted on 9th Nov 06 at 14:00 |
All depends on the value of the mortgage remember!! | |
--Dave-- |
posted on 9th Nov 06 at 13:59 |
i heard both the interest rises will have roughly a 10% increase on monthly repayments. | |
Ally |
posted on 9th Nov 06 at 13:59 |
EG - 95k mortgage over 30 years | |
Ally |
posted on 9th Nov 06 at 13:58 |
Will effect those with a non-fixed rate mortgage | |
Aaron |
posted on 9th Nov 06 at 13:16 |
http://news.bbc.co.uk/1/hi/business/6129780.stm |