Friday, December 29, 2006

Futures trading shows rate rise expectation

U.K. Borrowing Increases as Homeowners Shrug Off Rate Rises

U.K. banks granted more loans to buy houses and Britons are borrowing more against the value of their property, adding pressure on the Bank of England to extend a series of interest rate increases into next year.

Posted by roadtohell @ 06:34 PM (560 views)
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