jamandco Posted December 16, 2007 Report Share Posted December 16, 2007 Hi All I was wondering if any other RR members had any experience of multicurrency mortgages, I recently recieved information from Streetwise marketing claiming interest rates as low as 2% or less when a loan is linked to a foriegn currency such as the japanese Yen or the yanky dollar, all thoughts experiences would be most welcome.... and enlightening! Merry Christmas everyone Michael Link to comment Share on other sites More sharing options...
GPEL Posted December 16, 2007 Report Share Posted December 16, 2007 If the expected slow down in our economy occurs the value of GBP lowers relatively making these mortgages more expensive as the exchange rate diminishes. Link to comment Share on other sites More sharing options...
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