Johnnyboxer
Member
- Location
- Yorkshire
Down by 0.5%....,from 0.75% to 0.25%, as a result of the Coronavirus emergency
Not much wiggle room left now is there. Still, over 50 years HS2 won't be overly dear!
Fixed was under 3% anyway.Someones seems worried....is this the time to borrow and fix rates...could pay handsomely in the future
Someones seems worried....is this the time to borrow and fix rates...could pay handsomely in the future
Bank lending margins will just increase. I'd fix but not if they want 3 over base.
I was on the cusp of paying some back, but will ask the question what the margin on new borrowing is, and consider refinancing the lot.
Defeats the object of the cut then?Bank lending margins will just increase
Someones seems worried....is this the time to borrow and fix rates...could pay handsomely in the future
Next month or they may use a stimulas packagehow long before we see negative interest rates in the uk then ? within the next 12 months imo
Defeats the object of the cut then?
Denmark is currently running this experiment if you wish to get a better grasp.i would wait a bit longer - this is just the beginning
try getting your head around what a world with negative interest rates looks like !
Denmark is currently running this experiment if you wish to get a better grasp.
And hold on they also have a wealth tax.
Wonder if their peaks and troughs are smoother, have a higher GDP, and better social care systems....
Cutting interest rates for a health related crisis was absolutely pointless.
This is a cashflow issue not a borrowing issue.