paddywhacker
Registered User
- Messages
- 102
I need to settle an argument between me and a mate? He reckons that if inflation is at 5% and mortgage lending rates are also around the 5%ish mark, then we are effectively borrowing money for free at the moment.
I can't quite get my head around the mechanics of it, but he works in finance and is convinced he's right.
If so happy days, but it can't be right surely?
I can't quite get my head around the mechanics of it, but he works in finance and is convinced he's right.
If so happy days, but it can't be right surely?