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 (1461 views)
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3 Comments

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!!

Thursday, October 19, 2006 10:43PM Report Comment
 

2. Nohpc said...

You actually pay the license fee?

Friday, October 20, 2006 04:22AM Report Comment
 

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

Friday, October 20, 2006 08:43AM Report Comment
 

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