Yes and no....

If you look at the mortgage offers that have been available recently, the tracker rates have all snuck up to 1.74% while the fixed rates are at 1.49%....

So now they'll both be 1.49% again, which is really what they were already.

Posted By: SimonOTBC on August 4th 2016 at 14:37:56

Message Thread

Bank of England have cut the base rate to 0.25% (n/m) (General Chat) - Ralf Scrampton, Aug 4, 12:02:21
- This affect new mortgages? (n/m) (General Chat) - SCC 28, Aug 4, 12:33:15
  - Yes and no.... (General Chat) - SimonOTBC, Aug 4, 14:37:56
    - Shame (n/m) (General Chat) - SCC 28, Aug 4, 15:10:57
  - depends what the swap rates do (General Chat) - CWC, Aug 4, 13:18:14
  - theoretically yes, but hasn't there been a bit of a disconnect between the 2 since (General Chat) - Ralf Scrampton, Aug 4, 12:40:58
    - Ah ok not sure tbh (n/m) (General Chat) - SCC 28, Aug 4, 12:43:07
  - Presumably, once it goes negative, you can borrow £250K and they (General Chat) - CB41, Aug 4, 12:40:26
    - Hopefully will give our seller a kick up the arse (General Chat) - SCC 28, Aug 4, 12:44:04
- 2017 growth prediction down from 2.3% to 0.8% (General Chat) - King, Aug 4, 12:20:22
  - Inflation forecasts are up too - thanks to that weak pound making imports more expensive (n/m) (General Chat) - Ralf Scrampton, Aug 4, 12:26:29
    - Still, just scaremongering innit? (General Chat) - King, Aug 4, 12:30:11
      - Yeah, experts, wtf do they know (n/m) (General Chat) - CB41, Aug 4, 12:32:11
      - You are worried that the economy is forecast to grow by 0.8% in 2017? (n/m) (General Chat) - Jim, Aug 4, 12:31:28
        
        It seems you worry about everything except what you should be worrying about (n/m) (General Chat) - Steve in Holland, Aug 4, 13:56:47
        
        I wouldn't be worried unless our public finances assumed growth more like 2.1% (General Chat) - CWC, Aug 4, 13:27:36
        
        imagine we get 0.8 pts per game on average instead of 2.3 pts next season (General Chat) - Ralf Scrampton, Aug 4, 12:54:48
        
        Arrers (n/m) (General Chat) - Steve in Holland, Aug 4, 13:56:22
        
        Haha (General Chat) - norway, Aug 4, 13:30:00
        
        Fuck all compared to 2.8% tbf (n/m) (General Chat) - SCC 28, Aug 4, 12:34:44
        
        Still growth during a period of complete uncertainty where we were previously told we (General Chat) - Jim, Aug 4, 12:42:33
        
        it wasn't unavoidable, you voted for uncertainty (n/m) (General Chat) - Ralf Scrampton, Aug 4, 12:56:11
        
        You said it wouldn't rain and locusts would come...tbf (n/m) (General Chat) - yellowman, Aug 4, 13:16:48
        
        Brext bois OI OI OI (n/m) (General Chat) - lurd, Aug 4, 13:16:17
        
        How long will we have to wait for this nirvana? I don't have a (General Chat) - CB41, Aug 4, 12:44:20
        
        Come on Tim! (n/m) (General Chat) - yellowman, Aug 4, 12:55:57
        
        go Greg (n/m) (General Chat) - Jumbo1, Aug 4, 14:12:24
        
        2.3 (n/m) (General Chat) - SCC 28, Aug 4, 12:35:45
        
        Still, at least people will be able to borrow for fuck all to buy loads (General Chat) - CB41, Aug 4, 12:37:27
    - Great news for my savings (n/m) (General Chat) - CB41, Aug 4, 12:27:19
      - at least it'll be worth it, just to make Jim happy... (n/m) (General Chat) - Ralf Scrampton, Aug 4, 12:29:53
        
        I cannot imagine anything in this universe that could make Jim happy (General Chat) - CB41, Aug 4, 12:34:05
- That'll help with the gargantuan national personal debt problem (n/m) (General Chat) - CB41, Aug 4, 12:16:56

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