Wednesday, Apr 23, 2008
Friends, Romans and country men WooooHoooo
Sky News: Housing Fears Continue After Crunch Talks
Mortgage lenders say rates for new borrowers are unlikely to come down - despite the £50bn intervention by the Bank of England................
Posted by titaniccaptain @ 01:09 AM (323 views) Add Comment
1 Comment
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1. nopensionnohouse said...
"Lenders will not be able to pass on lower rates to customers until Libor rates come down, and this is expected to take some time.
At the same time lenders are trying to increase their margins in the face of anticipated higher levels of arrears and falling house prices."
Oh dear, this kind of p1sses on Greenbay's bonfire doesn't it?