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New Mortgage Guarantee Scheme - interest rates up or down?

3 replies

InterestRateUpOrDown · 04/04/2021 13:22

Hi,

I appreciate nobody knows yet, but I love a little speculation, as However, for people with a 5% deposit do you think that interest rates will stay the same (around 3% at Halifax currently), go up or down?

I’m obviously hoping they go down so the monthly repayments are lower.

OP posts:
InterestRateUpOrDown · 04/04/2021 13:25

I’ll re-write that!

I appreciate nobody knows yet, but I love a little speculation. For people with a 5% deposit do you think that interest rates will stay the same (around 3% at Halifax currently), go up or down?

I’m obviously hoping they go down so the monthly repayments are lower.

OP posts:
catnip21 · 04/04/2021 15:33

Hi,

I would have thought they will stay the same or go up if anything unfortunately at that LTV rate. 3% is pretty good with a 5% deposit 🙂. Interest rates are very low at the moment.

Alsohuman · 04/04/2021 16:33

They can’t really go down. I think the government will move heaven and earth to keep them down.

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