Interest rates stayed the same…

I thought the news was so dull about interest rates staying the same that I couldn't muster the energy to blog about it now.
However I've read that a 10 year fixed rate mortgage offer has been withdrawn from the market, and rates are starting to rise on other mortgages available.
So it's going to be harder and more expensive to get a mortgage, which will do what for house prices? I suspect it means they'll have to drop further.
Are the days of easy mortgages gone forever?

This entry was posted in General. Bookmark the permalink.

Leave a Reply

Your email address will not be published. Required fields are marked *