Wednesday, January 2, 2008

UK and US property & finance market

UK and US property & finance market

The UK and US property & finance market has been talked about greatly over the last few month, by myself included. I would like to point out however that there are several major differences between the UK housing and mortgage market and than of the US, suggesting that the UK should not feel the same house price and credit crises currently faced by the US. Fixed Rate Mortgages & Stepped Rate Mortgages There is a conservative tendency in the UK for homeowners to prefer fixed rate mortgages, as opposed to variable rate products on the market, historically due to the consequences many homeowners felt in the 1990's with interest...

Posted by daniel morgan @ 09:49 AM (315 views)
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