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Author Interest rates on the rise
whitter45
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Registered: 15th Nov 02
Location: Norton
User status: Offline
20th Nov 06 at 19:07   View User's Profile U2U Member Reply With Quote

I know its been done to death but they have risen again last week and will do again they reckon after christmas
What do you reckon they will rise to

I think around 8%

We will never see the 16% in the early 90's
Cosmo
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Registered: 29th Mar 01
Location: Im the real one!
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20th Nov 06 at 19:10   View User's Profile U2U Member Reply With Quote

its at 5% isnt it now? It wont go anywhere near 8%, will more likely rise by the normal .25% or .5% if it does.
whitter45
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Registered: 15th Nov 02
Location: Norton
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20th Nov 06 at 19:11   View User's Profile U2U Member Reply With Quote

I meant in time not in one jump mate
Ojc
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Registered: 14th Nov 00
Location: Reading: Drives : Clio 197
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20th Nov 06 at 20:26   View User's Profile U2U Member Reply With Quote

Won't go up to 8% thats a ridiculous rise. If they do go up that high the goverment will step in and reduce them straight away.
Jules S
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Registered: 24th Dec 03
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20th Nov 06 at 21:06   View Garage View User's Profile U2U Member Reply With Quote

quote:
Originally posted by Ojc
Won't go up to 8% thats a ridiculous rise. If they do go up that high the goverment will step in and reduce them straight away.


Not sure how they could do that Oliver...interest rates are contolled by the bank of england.

Not that i'm bothered...seems i will be saying to my mortgage next year
GT4Brody
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Registered: 26th Sep 01
Location: south
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20th Nov 06 at 21:34   View User's Profile U2U Member Reply With Quote

Hald of my mortgage is fixed for 5 yrs the other 100 odd grand expires next yr sometime, hope they dont go up too much again as well be fixing for 5 yrs hopefully...
Melville
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Registered: 4th Jun 03
Location: Newcastle upon Tyne
User status: Offline
21st Nov 06 at 21:01   View User's Profile U2U Member Reply With Quote

quote:
Originally posted by Ojc
Won't go up to 8% thats a ridiculous rise. If they do go up that high the goverment will step in and reduce them straight away.


FPMSL

Hitler wouldnt stand for any of this interest rate crap

 
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