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pcernie
Legend
Joined: Sun Apr 26, 2009 12:30 pm Posts: 45931 Location: Belfast
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Ultra-low interest rates could be here to stay, says Bank of England adviser | Business | The Guardian http://www.theguardian.com/business/201 ... nd-advisorThe talk of even a potential rise is now 2017 in a lot of quarters.
_________________Plain English advice on everything money, purchase and service related:
http://www.moneysavingexpert.com/
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Mon Jan 18, 2016 10:41 pm |
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Spreadie
I haven't seen my friends in so long
Joined: Fri Apr 24, 2009 6:06 pm Posts: 6355 Location: IoW
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_________________ Before you judge a man, walk a mile in his shoes; after that, who cares?! He's a mile away and you've got his shoes!
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Mon Jan 18, 2016 11:02 pm |
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pcernie
Legend
Joined: Sun Apr 26, 2009 12:30 pm Posts: 45931 Location: Belfast
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I seem to recall Carney himself talking of a rise this year, too.
_________________Plain English advice on everything money, purchase and service related:
http://www.moneysavingexpert.com/
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Mon Jan 18, 2016 11:04 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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That was before they all got worried about China's growth slowing
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Tue Jan 19, 2016 8:49 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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Oh and on a personal note - it can stay low - say 0.5% for the next 5 yrs or so ( when I hope to have cleared the mortgage) and then it can increase - to say 17% (the rate my 1st mortgage was at) as I will by then be saving more
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Tue Jan 19, 2016 8:51 am |
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Spreadie
I haven't seen my friends in so long
Joined: Fri Apr 24, 2009 6:06 pm Posts: 6355 Location: IoW
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I have an appointment today to renew my 5 year fixed rate. Should be interesting.
_________________ Before you judge a man, walk a mile in his shoes; after that, who cares?! He's a mile away and you've got his shoes!
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Tue Jan 19, 2016 9:29 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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I'd very much like it to go higher, so house prices come down and we have a chance at saving a half decent deposit.
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Tue Jan 19, 2016 9:54 am |
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jonbwfc
What's a life?
Joined: Thu Apr 23, 2009 7:26 pm Posts: 17040
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I'd like it to go higher so there's some sodding point to having savings at all.
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Tue Jan 19, 2016 10:50 am |
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davrosG5
I haven't seen my friends in so long
Joined: Fri Apr 24, 2009 6:37 am Posts: 6954 Location: Peebo
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Both of these get a +1 here.
_________________ When they put teeth in your mouth, they spoiled a perfectly good bum. -Billy Connolly (to a heckler)
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Tue Jan 19, 2016 11:34 am |
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pcernie
Legend
Joined: Sun Apr 26, 2009 12:30 pm Posts: 45931 Location: Belfast
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_________________Plain English advice on everything money, purchase and service related:
http://www.moneysavingexpert.com/
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Tue Jan 19, 2016 1:30 pm |
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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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It won't happen for the foreseeable future, according to channel 4 news. Great.
Sent from my iPhone using Tapatalk
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Tue Jan 19, 2016 7:55 pm |
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