Can anyone find any sign of the Interest Rate cut being passed onto Mortgage's?

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Originally Posted by nieros

Variable Tracker mortgage from nationwide, instantly applied. Handy for me ;)

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Me too! Shame that the rate won't go below 3% which is a distinct possibility...

I've certainly had the full 0.5% cut passed on to me in a rate cut. It's effective from the next payment.

Question, if the interest rate does drop to 0%, would it affect fixed rates?

Might be obvious but in this climate who knows.

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Originally Posted by Stringent

Question, if the interest rate does drop to 0%, would it affect fixed rates

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Erm, no, why would anyone say "pay me less money than you own"

I've had a tenner knocked off my monthly payment. Better than nothing I guess but certainly not the full rate.

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Originally Posted by Stringent

Question, if the interest rate does drop to 0%, would it affect fixed rates?

Might be obvious but in this climate who knows.

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You would just stay on the fixed rate,thats the gamble.

:angst: