Sunday, Jul 08, 2007
The mortgage scam continues
Times: Big borrowers denied top mortgages
New borrowers started feeling the pich of subsequent IR rises, but apparently you can still get what you want... but on artificially low introductory rates, of course. But since "40% economists expect IRs have peaked" what do you worry about?
Posted by confused76 @ 09:48 AM (136 views) Add Comment
1 Comment
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1. night said...
"40% economists expect IRs have peaked"
I don't know why that's supposed to be reassuring. It would be just as valid (and probably less misleading) to say "60% of economists expect further IR rate rises".