royaloak Posted March 12, 2018 Share Posted March 12, 2018 And what about all those variable rate mortgages? With a change in payment every time the interest rate went up or down, my 1st mortgage was paid off early by about 10 years. Stewart With interest (and mortgage) rates as low as they are do you think it likely that the rates will- A/ increase or B/ decrease over the next few years Link to post Share on other sites More sharing options...
black and decker boy Posted March 12, 2018 Share Posted March 12, 2018 With interest (and mortgage) rates as low as they are do you think it likely that the rates will- A/ increase or B/ decrease over the next few years Most of the population seem to think B and have no plan in place for A.High street trading results, restaurants etc currently showing the effect of inflation vs stagnant wages on disposable income. The shadow of interest rates rises looms large over the U.K. economy and is perhaps as big a risk / unknown as Br£x1t in the short term Link to post Share on other sites More sharing options...
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