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Bank of England remembers home owners rates sometime will ‘normalize’ at 5%

Sunday, January 2nd 2011 - 22:18 UTC
Full article 12 comments

United Kingdom home owners need to prepare for a series of interest rate rises to around 5%, a Bank of England official has warned. Paul Fisher, who is a member of the Bank's rate-setting Monetary Policy Committee (MPC), said officials would like the current 0.5% base rate to rise to a “normalized” level 10 times as big. Read full article

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  • mastershakejb

    Haha, nobody wants to buy a home in UK, if there's no demand, then of course rates on homes falls so low. LOL @ UK

    Jan 02nd, 2011 - 10:36 pm - Link - Report abuse 0
  • Think

    Mastershakejb....
    Is this part of that “Special Relationship” the Brits always are speaking about ?

    Carefull.... they can be mean (on film:-)
    http://www.youtube.com/watch?v=2Py2LZNb79Q

    Jan 03rd, 2011 - 12:10 am - Link - Report abuse 0
  • stick up your junta

    4 Bedroom house for 153 grand LOL

    South | Punta de... |Uruguay
    Country Uruguay
    Area South
    City Punta del Este
    Bedrooms 4
    Baths 2
    Built Sq. meters 250
    Total surface 1,100 Square Meters
    Code hu20843
    Price £ Pounds / Sterling 152,500

    Jan 03rd, 2011 - 12:11 am - Link - Report abuse 0
  • mastershakejb

    lol, Home prices in Punta: rising fast
    Home prices in UK: falling fast
    ROFL, get used to that trend ^

    Hahah, think, indeed!

    Jan 03rd, 2011 - 12:13 am - Link - Report abuse 0
  • HaveToCorrectThisRetard

    Also, I would muuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuch MUCH MUCH rather own a home in Punta, than cold baren rock mohammedstan.

    Jan 03rd, 2011 - 12:17 am - Link - Report abuse 0
  • stick up your junta

    might buy 2 and get master wank to clean the pools

    Jan 03rd, 2011 - 12:19 am - Link - Report abuse 0
  • Redhoyt

    “ ... at some point ...”

    It's a huge worry ..... now tell me, how's inflation in Argentina these days ?

    No idea what you're talking about Think?

    Jan 03rd, 2011 - 02:36 am - Link - Report abuse 0
  • Marcos Alejandro

    Hey stick did you look outside from your villa's window?

    http://www.telegraph.co.uk/earth/businessandecology/recycling/8236367/Households-left-with-month-of-rubbish-after-snow-and-Christmas-hit-collection.html

    Jan 03rd, 2011 - 03:36 am - Link - Report abuse 0
  • Billy Hayes

    Red, inflation is an issue in developed or stagnated countries.

    In developing countries main issue is growth & development.

    Jan 03rd, 2011 - 03:46 am - Link - Report abuse 0
  • Redhoyt

    Which is why Brazil is so concerned with it's inflation?

    Which is why a number of financial commentators have raised concerns over Argentina's inflation?

    How are your food prices?

    Your talking through your a*se !

    Jan 03rd, 2011 - 04:54 am - Link - Report abuse 0
  • stick up your junta

    Got any tips on coping Marcos Alejandro? still it is quite cold here, so wont smell like it does in BA,mind you is it the trash or unwashed bodies that stink due to water shortage

    http://www.argentinaindependent.com/currentaffairs/newsroundups/roundupsargentina/rubbish-collection-strike-in-buenos-aires-/

    Jan 03rd, 2011 - 09:54 am - Link - Report abuse 0
  • Zethee

    What, in any way shape of form has this article got to the with:

    “Is this part of that “Special Relationship” the Brits always are speaking about”

    Jan 05th, 2011 - 03:32 pm - Link - Report abuse 0

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