After twelve months of writing this Blog, the big drops in interest rates we have been pleading for are coming.

We should all be jumping with joy, but the rates need to be passed on for any benefit to be felt. Im sure when the rates drop a further 1% (as Trumpo expects over the coming months) the bulk will be passed on now that the Banking system has in theory been nationalised, but many jobs and ego’s are going to have to face the chop before the nation will feel any benefit.

One major benefit from the expected drops will be more affordable mortgages, and this will hopefully make first time buyers mortgages look more affordable than renting. This will hopefully give the first time buyer market (the entire property market catalyst) a much needed kickstart.

I look forward to reporting the next big cut.

Your expectant Trumpo.

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