You are reading a single comment by @nono and its replies. Click here to read the full conversation.
  • My girlfriend that was in the process of getting a mortgage at time will happily have a word with you.

  • As was I, Mortgage rates had been on a steady rise months before the mini budget. We historically follow the Feds rates, do you think Liz crashed the US economy too? As people have said here she certainly didn't help in the short term but what has been happening had been baked in for years. In addition the billions pumped into economies worldwide while everyone sat at home was the cherry on the cake. There are many more people to blame for the current climate than Liz Truss.

  • Sticking up for Kwartengs disaster budget is a strange hill to die on. I don't think anyone is suggesting the pair of them are entirely responsible for the current state of the economy, but their mini-budget had a instant effect on mortgage rates partially because the economy was already looking ropey and they went in for the socker kick to the head.

About

Avatar for nono @nono started