News for hackers. Stuff that matters.

A comment on Rate Hikes Are Affecting the Economy. Parent comment

Re:Rate Hikes Are Affecting the Economy by nly on Wednesday November 02, 2022 @07:46AM (#33434200)
In the UK a large % of take home pay goes to mortgages that are running on fixed rate, short term contracts.

Raising rates definitely has a cooling effect

[ Parent | on HN ]

There are no comments on this comment yet.