Tuesday, March 15, 2011
Difficult times ahead
A few quotes from the article; Homeowners are facing higher unsecured debts than those who rent a home, the charity's annual snapshot found. On average, a client who owned their own home had debts of more than Â£30,000 in addition to their mortgage. A 2% rise in interest rates would increase monthly mortgage payments by Â£307, the charity found.