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Author Topic: Interest rate rise largest since 1989.  (Read 3910 times)

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Field Marshal Dr. Opti

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Interest rate rise largest since 1989.
« on: 03 November 2022, 13:04:14 »
Up 0.75% to 3%.

Which is still low.

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Rangie

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Re: Interest rate rise largest since 1989.
« Reply #1 on: 03 November 2022, 14:12:01 »
Certainly is, seen a lot higher than that.
« Last Edit: 03 November 2022, 14:15:56 by Rangie »
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Field Marshal Dr. Opti

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Re: Interest rate rise largest since 1989.
« Reply #2 on: 03 November 2022, 14:18:25 »
Quote from: Rangie on 03 November 2022, 14:12:01
Certainly is, seen a lot higher than that.

15% in 1990.

I paid 16.5% because I had no money, so needed a 100% mortgage. :)
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Rangie

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Re: Interest rate rise largest since 1989.
« Reply #3 on: 03 November 2022, 14:36:15 »
Inherited a decent sum in 1987 never had a mortgage since, but remember those times well.
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TheBoy

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Re: Interest rate rise largest since 1989.
« Reply #4 on: 03 November 2022, 19:59:02 »
Its been so low for so long, if idiots didn't make hay while the sun shone, I'm going to have to look very hard for any sympathy.
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Viral_Jim

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Re: Interest rate rise largest since 1989.
« Reply #5 on: 04 November 2022, 12:02:43 »
This time last year I had close to £600k in debt hanging over me, I'm very glad I don't today - be bankrupt in very short order  ;D
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TheBoy

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Re: Interest rate rise largest since 1989.
« Reply #6 on: 04 November 2022, 12:06:33 »
Quote from: Viral_Jim on 04 November 2022, 12:02:43
This time last year I had close to £600k in debt hanging over me, I'm very glad I don't today - be bankrupt in very short order  ;D
New tyres on the Disco will help build up debt ;D

I've got a pair of wheels in with my local garage for new tyres, and will be over £500 poorer.
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Marks DTM Calib

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Re: Interest rate rise largest since 1989.
« Reply #7 on: 04 November 2022, 12:23:28 »
Quote from: TheBoy on 04 November 2022, 12:06:33
Quote from: Viral_Jim on 04 November 2022, 12:02:43
This time last year I had close to £600k in debt hanging over me, I'm very glad I don't today - be bankrupt in very short order  ;D
New tyres on the Disco will help build up debt ;D

I've got a pair of wheels in with my local garage for new tyres, and will be over £500 poorer.

Are you paying on the never never?
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Viral_Jim

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Re: Interest rate rise largest since 1989.
« Reply #8 on: 04 November 2022, 12:31:00 »
Quote from: TheBoy on 04 November 2022, 12:06:33
Quote from: Viral_Jim on 04 November 2022, 12:02:43
This time last year I had close to £600k in debt hanging over me, I'm very glad I don't today - be bankrupt in very short order  ;D
New tyres on the Disco will help build up debt ;D

I've got a pair of wheels in with my local garage for new tyres, and will be over £500 poorer.

 ;D

I suspect your performance requirements are rather higher than mine. I paid a very reasonable  ::) £165 a corner for mine.
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Field Marshal Dr. Opti

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Re: Interest rate rise largest since 1989.
« Reply #9 on: 04 November 2022, 12:50:27 »
Quote from: TheBoy on 04 November 2022, 12:06:33
Quote from: Viral_Jim on 04 November 2022, 12:02:43
This time last year I had close to £600k in debt hanging over me, I'm very glad I don't today - be bankrupt in very short order  ;D
New tyres on the Disco will help build up debt ;D

I've got a pair of wheels in with my local garage for new tyres, and will be over £500 poorer.

Surely a cheap pair of Wanli Ditchfinders would suffice for a low powered derv. ::) ::) ;)
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TheBoy

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Re: Interest rate rise largest since 1989.
« Reply #10 on: 04 November 2022, 15:19:58 »
Quote from: Marks DTM Calib on 04 November 2022, 12:23:28
Quote from: TheBoy on 04 November 2022, 12:06:33
Quote from: Viral_Jim on 04 November 2022, 12:02:43
This time last year I had close to £600k in debt hanging over me, I'm very glad I don't today - be bankrupt in very short order  ;D
New tyres on the Disco will help build up debt ;D

I've got a pair of wheels in with my local garage for new tyres, and will be over £500 poorer.

Are you paying on the never never?
Nope, he seemed quite happy to take just a kidney and my spleen.
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TheBoy

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Re: Interest rate rise largest since 1989.
« Reply #11 on: 04 November 2022, 15:20:50 »
Quote from: Field Marshal Dr. Opti on 04 November 2022, 12:50:27
Quote from: TheBoy on 04 November 2022, 12:06:33
Quote from: Viral_Jim on 04 November 2022, 12:02:43
This time last year I had close to £600k in debt hanging over me, I'm very glad I don't today - be bankrupt in very short order  ;D
New tyres on the Disco will help build up debt ;D

I've got a pair of wheels in with my local garage for new tyres, and will be over £500 poorer.

Surely a cheap pair of Wanli Ditchfinders would suffice for a low powered derv. ::) ::) ;)
The Landsail branded ones I have are "interesting" with 600Nm....
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Field Marshal Dr. Opti

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Re: Interest rate rise largest since 1989.
« Reply #12 on: 04 November 2022, 16:06:32 »
Quote from: TheBoy on 04 November 2022, 15:20:50
Quote from: Field Marshal Dr. Opti on 04 November 2022, 12:50:27
Quote from: TheBoy on 04 November 2022, 12:06:33
Quote from: Viral_Jim on 04 November 2022, 12:02:43
This time last year I had close to £600k in debt hanging over me, I'm very glad I don't today - be bankrupt in very short order  ;D
New tyres on the Disco will help build up debt ;D

I've got a pair of wheels in with my local garage for new tyres, and will be over £500 poorer.

Surely a cheap pair of Wanli Ditchfinders would suffice for a low powered derv. ::) ::) ;)
The Landsail branded ones I have are "interesting" with 600Nm....

I struggle with Nm.

442 ft lb I understand. :y

It's quite a lot. :)
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Raeturbo

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Re: Interest rate rise largest since 1989.
« Reply #13 on: 04 November 2022, 17:32:22 »
For a rough estimate just take 25% from the NM to get the lbs ft👍
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Field Marshal Dr. Opti

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Re: Interest rate rise largest since 1989.
« Reply #14 on: 04 November 2022, 17:37:21 »
Quote from: Raeturbo on 04 November 2022, 17:32:22
For a rough estimate just take 25% from the NM to get the lbs ft👍

I'm still trying to get my head around decimalisation. :D ;D

So NM can go f*uck themselves. ;)
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