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European Central Bank To Slash Interest Rates By A Massive .5%.

 

Updated : Jan 15, 2009

The governing council at the European Central Bank are to slash Interest rates again for the forth month in a row but this time its going to make a huge difference as that rates are to be slashed by a mega .5% to bring it down to a low of 2%.

This is great news for home owners as mortgage repayments could drop by €100s every month and should get the housing market back on track again. So that’s a great news story a nice little bit of money in our pockets at the end of the month.

VeryHappyPig will save €1000s every month as he has 1000s of houses! Well actually I live rough!

 

 

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