There is no history of QE, so no one knows what will happen.
Thanks for the replies lads ... still think there will be s consequence when billions are no longer pumped into the markets ...just not sure whT that will be.
is it possible that when the ECB withdraws QE this will be good news for tracker mortgage holders ?
After QE wholesale bank rates ( inter bank rates will likely rise making the tracker mortgages even a bigger burden on banks P&L ... well at least until ECB starts rising it's interest rates?
When rates do start to rise, would the banks pass all the rates increase to trackers, and leave variable & fixed alone. In a short period a tracker could be more expensive then e.g UB 4 year rate 2.6%. Thus a majority of customers may abandon the once lucrative trackers......
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?