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Old 24-05-2004, 12:56   #19
andygrif
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Join Date: Jul 2003
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Re: housing crash 'could happen'

Here's the info - not the best graph in the world but is showing the trends:

http://www.houseweb.co.uk/house/market/graph.html

And the raw data here:

http://www.houseweb.co.uk/house/market/irfig.html

I guess it is not so much that the rate is higher than current amounts (as we can see the figures were as high as 15% at one point - but even if they never went much higher than 6% there is still the peace of mind that you know how much you will be paying every month until the end of the term. Good info BTW Towny.
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