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pcernie
Legend
Joined: Sun Apr 26, 2009 12:30 pm
Posts: 45931
Location: Belfast
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http://www.bbc.co.uk/news/business-31967023'Look, George got swept up in it all, started offering mortgage ISAs for homes that'll never be built...'
_________________Plain English advice on everything money, purchase and service related:
http://www.moneysavingexpert.com/
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| Thu Mar 19, 2015 10:58 pm |
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hifidelity2
I haven't seen my friends in so long
Joined: Fri Apr 24, 2009 1:03 pm
Posts: 5041
Location: London
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well its good news for me and the mortgage if it does - what with having a tracker n all
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| Fri Mar 20, 2015 8:28 am |
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TheFrenchun
Officially Mrs saspro
Joined: Wed Jan 06, 2010 7:55 pm
Posts: 4955
Location: on the naughty step
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Fall further? What? go negative?
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| Fri Mar 20, 2015 9:16 am |
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hifidelity2
I haven't seen my friends in so long
Joined: Fri Apr 24, 2009 1:03 pm
Posts: 5041
Location: London
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Could go to Zero but yes negative - I think its the Swedish and the Swiss currently have a negative interest rate (central back) of -0.25% so they charge you to keep your money with them
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| Fri Mar 20, 2015 10:23 am |
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jonbwfc
What's a life?
Joined: Thu Apr 23, 2009 7:26 pm
Posts: 17040
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It would be... interesting. This week's budget somewhat about encouraging people to save - under certain circumstances the government are basically going to pay you to do it. But if the interest rates stay so low or god forbid go into the negative, there's absolutely no incentive for anyone who isn't getting an incentive to save...
Jon
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| Fri Mar 20, 2015 11:59 am |
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JohnSheridan
Doesn't have much of a life
Joined: Mon Apr 27, 2009 9:10 pm
Posts: 1057
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Exactly - which is why I now buy premium bonds instead as I can always cash them in and, every now & again I get a little surprise from Ernie.  _________________
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| Fri Mar 20, 2015 9:23 pm |
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pcernie
Legend
Joined: Sun Apr 26, 2009 12:30 pm
Posts: 45931
Location: Belfast
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Not me, I should point out  _________________Plain English advice on everything money, purchase and service related:
http://www.moneysavingexpert.com/
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| Fri Mar 20, 2015 10:26 pm |
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JohnSheridan
Doesn't have much of a life
Joined: Mon Apr 27, 2009 9:10 pm
Posts: 1057
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Well you can if you like _________________
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| Fri Mar 20, 2015 11:39 pm |
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