= Premium Content
Log In
|
Create a Free Account
|
Subscribe Now
Tuesday, May 29, 2012
Subscribe Today
Home
News
Opinion & Ideas
Facts & Figures
Blogs
Jobs
Advice
Forums
Events
Store
Forum Home
Help
Search
Login
Register
Chronicle Forums
Careers
Working Abroad
Academics in the UK
Interest rate cuts
May 29, 2012, 07:33:15 AM
Welcome,
Guest
. Please
login
or
register
.
Remember Me
Login with your Chronicle username and password
News
:
Talk online
about your experiences as an adjunct, visiting assistant professor, postdoc, or other contract faculty member.
Pages: [
1
]
« previous
next »
Print
Author
Topic: Interest rate cuts (Read 1596 times)
qrypt
Qryptacular & not really a Member-Moderator
Distinguished Senior Member
Posts: 5,439
the great vampire squid round the face of humanity
Interest rate cuts
«
on:
November 06, 2008, 05:09:09 PM »
1.5% -- that's quite a cut.
I have a tracker at just below base rate, so my mortgage goes down next month by a lot. I never imagined I'd be paying less than 3% on my mortgage. The intro deal ends in March, but even when it kicks up, it will be only 0.99% above base rate. A few months ago I was thinking I would have to remortgage soon, but I'm guessing the intro rates on the new tracker deals will be higher than what I'll pay by staying with my current deal.
Anyone else happy? Anyone gnashing teeth over their fixed rate?
Logged
"I'm tired of being your love slave!"
"Does that mean I'm not going to get my coffee?"
science_expat
Science Expat. Just pretending to be a somewhat
Distinguished Senior Member
Posts: 5,180
Re: Interest rate cuts
«
Reply #1 on:
November 06, 2008, 07:06:40 PM »
Mine will be paid off in 6 months so not fussed either way.
Glad the cuts will help you!
Logged
It's not procrastination. It's "just in time" delivery.
Nutso is the new normal.
expatinuk
Has spent over 1000 pounds but now holds a Brit passport!
Distinguished Senior Member
Posts: 6,653
From SC living in UK
Re: Interest rate cuts
«
Reply #2 on:
November 07, 2008, 07:57:58 AM »
We decided to pay ours off in March when it comes up for renewal. Yes, I do have a tracker mortgage, but with savings now earning so little we decided that we'd be better off paying off the mortgage and then putting the mortgage payment into cash ISA and pensions.
Logged
Expatinuk seems to be a Soviet Satellite in stationary orbit over the UK
It is what it is.
Pages: [
1
]
Print
« previous
next »
Jump to:
Please select a destination:
-----------------------------
News & Opinion
-----------------------------
=> Discuss
Chronicle
Articles
-----------------------------
Cafe
-----------------------------
=> Meet and Greet
=> Tech Talk for Befuddled Academics
=> Conferences and Academic Travel
=> We Speak Volumes
=> Questions, Comments?
===> Frequently Asked Questions
=> Asked and Answered
===> Great Debates
-----------------------------
Careers
-----------------------------
=> Job-Seeking Experiences
===> The Two-Body Problem
=> The Interview Process
=> Balancing Work and Life
===> Health Issues on the Job
=> On the Money
=> In the Classroom
===> Online Teaching
=> Research Questions
=> Working as a Postdoc
=> The Nontenure Track
=> The Tenure Track
=> Mid-Career
=> Retiring From Academe
=> Grad-School Life
=> Diversity in the Workplace
=> Leaving Academe
=> Department Chairs and Deans
=> The Administrative Track
=> Working Abroad
===> Academics in the UK
===> Academics in the Middle East
-----------------------------
Special Topics
-----------------------------
=> Katrina, Rita, Wilma & Irene
=> Academic Libraries
=> School & College
Loading...
Copyright 2012. All Rights reserved
The Chronicle of Higher Education
1255 Twenty-Third St, N.W.
Washington, D.C. 20037