Darth Vader
Registered User
- Messages
- 145
headlines in the indo yesterday suggesting that those on tracker mortgages face rates going as high as 5% when ECB moves
it surely will have to move to our local market rates of 7% + for all borrowers (trackers and otherwise).
I think it's only a matter of time before ECB starts moving on rates - headlines in the indo yesterday suggesting that those on tracker mortgages face rates going as high as 5% when ECB moves - the govt will have no control over these rates
Tell me again what gamble did tracker holders take?
Easy on the scaremongering!
If trackers are taken away, there will be a revolution. Maybe that's what's needed.
It will not be acceptable for variable rate and fixed rate holders to be on rates of 7-8% while tracker holders are on 2-3%. That in itself will cause a revolution.
If there is no European Central Bank, there cannot be an ECB +... tracker.
Simple as that.
What can be in my contract that can allow them to take away my tracker? My understanding after reading it is that it is mine for life.
Are tracker rate mortgages any more secure than bonds??
Easy on the scaremongering!
If trackers are taken away, there will be a revolution. Maybe that's what's needed.
Bondholders took a gamble, lost and still don't feel the pain.
Tracker holders took a gamble, won and get that taken off them. No way.
I will start that revolution
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