The real price of a mortgage: 6.49%

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The real price of a mortgage: 6.49%

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My name's Paul Dack and I live in Langstone. Given the lack of any real local community spirit, I decided to launch LangstoneVillage.co.uk in June 2008. The aim of the site was to try and build some community spirit in Langstone and provide a platform for discussions about local issues.

The site is proving to be very popular and in response to suggestions from friends, I've launched this sister site for the Chepstow area.

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Paul Dack
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15 Sep 09, 11:40 AM

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Join Date: Jun 2008

Location: Langstone

Posts: 54

The real price of a mortgage: 6.49%

Quote:

Forget interest rates at 0.5%. First time buyers are paying the highest rates in years - which is why talk of a housing market recovery is bunk.

http://www.guardian.co.uk/money/blog/2009/sep/14/mortgage-rates-affordability-house-prices

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