.

If house prices slide enough people won't need to borrow so much. Also those of us who've been saving will see our savings go much further in terms of buying a house.

I think high house prices and low rates are to blame for the current economic woes, cutting rates will just make it worse. I'd argue that high house prices are much worse than affordable house prices. The way things are going everyone in future will be spending all their wages on a mortgage. Low rates = higher house prices and bigger mortgages.

The cost of living is rising as the Express front page demonstrates today so shouldn't rates be rising?

User Comments / Have Your Say

The opinions and views expressed in the above comment are purely those of the writer and in no way reflect the opinions or views of the Daily Express website, the Daily Express newspaper or Northern And Shell Media Publications. We accept no responsibilty legal or otherwise for the accurancy or truth of this comment.