Sunday, October 26, 2008

Prospects for Interest Rates in 2009

Today, I receive a nice surprise from my mortgage lender, Standard Life. Standard Life had reduced there APR by the full 0.5% that the MPC cut base rates. This meant by 47 year interest only mortgage was reduced from 627 to 571. It’s a significant saving, and if interest rates fall by another 1%, my [...]

Read More...

[Source: Finance Blog]

No comments: