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UK Rates.....BOE NO LONGER IN CONTROL!

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  • UK Rates.....BOE NO LONGER IN CONTROL!

    Forget it, the UK rates are running FREE!

    Saving rates now +7%.........Am told that this weekend will see "New deals" for Those Rather unlucky enough to have home loans......here it comes!
    Mike

  • #2
    Re: UK Rates.....BOE NO LONGER IN CONTROL!

    If you have any data handy, plese give us an idea of the scope of the problems the UK is facing

    1 average price rise last couple of years (in pounds, std deviations from "normal", and fictitious value)
    2 what is the interest rate of the bulk of recent (4 year) UK housing loans,
    3 what fraction of these are adjustable rate?
    4 how far did the UK industry move from "traditional" lending practices (how common are zero down, non-documentation, etc ...)

    Originally posted by Mega View Post
    Forget it, the UK rates are running FREE!

    Saving rates now +7%.........Am told that this weekend will see "New deals" for Those Rather unlucky enough to have home loans......here it comes!
    Mike

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    • #3
      Re: UK Rates.....BOE NO LONGER IN CONTROL!

      I see what i can find, the NEWSpapers are now full of it. The MSM has WOKEN up BIG TIME!

      The Killer is WE bought you SUB PRIME Toxic loans and spun liquaty from it. The pool of liquard will drain away VERY quickly now.

      We have DEMAND and suddenly we have a LACK of Surply THUS Rates will rocket
      Mega

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