Friday, May 23, 2008

Credit calamity

Scotsman.com: Credit crunch 'to get worse before upturn'

THE economic squeeze will "get worse before it gets better", experts warned yesterday, as the UK's biggest building society admitted its new mortgage lending dropped by more than half last year.
And a housing charity warned Scotland is no longer "insulated" against a market fallout.

Posted by housebear @ 12:38 PM (167 views) Add Comment

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