question category: Money Management

With the drop in interest rates, when will I start to see a drop in my mortgage payments?
Submitted on: 28th Oct 2008 by Non-Member | Total Answers: 1

Answer this question

Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.

Re: With the drop in interest rates...

The banks don't have to reduce their interest rates. If they do it normally takes a few day to happen and a month before you notice the few extra pounds in your account.

Submitted on: 29th Oct 2008 by TA Member

0
 

Post new comment

The content of this field is kept private and will not be shown publicly.

Featured Debt Charity

“What we like most about the help the Debt Advice Foundation provide is it’s balanced and fast. You’ll get the right solution suggested confidentially in hours not days.” Debt Advice Foundation