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Talk / Life / Breaking news / Mortgage rate rise 'looking certain'

By Mansized, Fri 27 Apr 2007 at 8:43am 
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Home owners are almost certain to be hit with an increase in their mortgage payments next week after the Nationwide said house prices continued to soar, with the average cost of a home passing £180,000. Any thoughts?

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Re: Mortgage rate rise 'looking certain'

By hatter, Fri 27 Apr 2007 at 10:13am 
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Its no surprise especially after the latest hike in inflation.

The only issue the Bank of England will argue over is whether to raise rates by 1/2 a percent instead of the usual 1/4.

That will certainly hurt a lot of people

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