26 July, 2007

Bollard's Game part 3

Up the rates go for the fourth time this year. Was anyone surprised?

Still a hint was dropped indicating that this may be the end of it. Just about everybody with a mortgage fixed for less than 5 years has now been hit with interest rate increases. Some may even be facing round 2 of the rate hikes that have occured over the last 3 years.

Oh well, such is life.

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