Thursday, Oct 19, 2006
Mortgage lending up or is it ?
BBC: Mortgage surge fuels housing boom
Down on the previous month - But up on the year.
The BBC plugs it for all it's worth
Posted by holding out @ 05:43 PM (148 views) Add Comment
3 Comments
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1. kpjcomp said...
Mortgage lending up, credit card lending down.
I'm going to say the bloody obvious here, MEW.
How dumb are the BBC not to make that link?
And to think I pay my License fee for this!!
2. Nohpc said...
You actually pay the license fee?
3. Surfgatinho said...
"Mortgage lending up, credit card lending down.
I'm going to say the bloody obvious here, MEW.
How dumb are the BBC not to make that link?"
Yes, I think even the BoE made this link - there's a quote from the last meeting saying about expensive unsecured debt moving towards cheaper secured debt