Wednesday, November 23, 2011

What will happen to Northern Rock mortgages in regards to interest rates given the current situation?

Other mortgages will also go up.But not by much.People only have themselves to blame believing Brown.Saying the economy


was strong.He had people getting more into debt by allowing them to live in a fantasy economy.Pushing up the cost of housing,raising stamp duty.Now bigger mortgages.We are a


country in debt and expect more increases.In taxes.Wage and


housing.Then even worse when our public services collapse


More immigrants more taxes less services.What will happen to Northern Rock mortgages in regards to interest rates given the current situation?
They will stay the same.





Do not be alarmed at the antics of the idiots that caused the run on the bank even though the bank of England had guaranteed its credit.





Because of these idiots NR may well be sold at a knock down price. But it is solvent and will continue to trade as normal.





Interestingly a lot of peoples pension schemes have investments in Northern Rock and now the share price has plunged the selfish idiots who caused the run have damaged others pension pots!!!What will happen to Northern Rock mortgages in regards to interest rates given the current situation?
in theory they would go up.


just wait and see what happens in the start of the week.
Pray you have a fixed rate. If not they will bump up the interest rate to claw some cash back.

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