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

**Bluecube** · 28-10-2008, 12:55 PM

Originally Posted by nieros

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

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

**Saracen** · 28-10-2008, 01:06 PM

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

**Stringent** · 28-10-2008, 01:15 PM

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

Might be obvious but in this climate who knows.

**SiM** · 28-10-2008, 01:19 PM

Originally Posted by Stringent

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

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

**Lowe** · 28-10-2008, 02:26 PM

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

**zodiacman** · 31-10-2008, 06:46 PM

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.

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

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