Bank of England Mark Carney stating the obvious

Mark Carney spoke with The Guardian on Friday.

“Think about the mortgage you are taking on, the debts you are taking on,” Carney was quoted as telling The Guardian. “Are you going to be able to service that mortgage five years from now, 10 years from now, if interest rates are higher?”

Thanks, Captain Obvious.

He also said he was ‘less concerned’ about the housing market after steps from the BOE’s Financial Policy Committee.