Zombie Household Prevent Rate Rise
Published / Last Updated on 03/04/2011
Zombie Household Prevent Rate Rise.
Fund managers have warned that interest rate rises are unlikely in the near future as “zombie households” would not cope with such an interest rate rise.
A Zombie Household is a term recently used by fund managers to generalise those homeowners who are on fixed incomes and barely affording their mortgage today and are essentially “walking dead” in a financial sense if interest rates rise.
Need An Adviser Links: Members ¦ Financial Advice ¦ Retirement ¦ Legal ¦ Tax ¦ Insure Invest ¦ Shop ¦ International
Other Links: Home Page ¦ Contact us ¦ Book Callback ¦ Free Consultation ¦ Newsletter ¦ Money MOT ¦ Discounts ¦ News
