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snarking aside, the 0.25% rate increase so far seemed to be pretty meaningless. The figures I saw for what it added to a typical monthly mortgage (£60 a month) didn't seem enough to make much of a dent in a the lifestyle of someone earning enough to get that mortgage in the first place.
by Metatone (metatone [a|t] gmail (dot) com) on Wed Jan 17th, 2007 at 06:37:56 AM EST
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You're assuming that the person with the mortgage could afford it. It depends how close they pushed their luck.
by Colman (colman at eurotrib.com) on Wed Jan 17th, 2007 at 06:42:20 AM EST
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