Adjustable Rate Mortgage Blog April Archive

UK mortgage market dysfunctional, accoring to Council of Mortgage Lenders

04/27/09 13:27

The UK mortgage market is still largely dysfunctional, according to the Council of Mortgage Lenders (CML). However seasonal increase in mortgage demand may show signs that the market may be nearing stabilization. It also retracked by saying that mortgage arrears and home reposessions still remain at controllable levels despite the global financial crisis.

Link: BBC NEWS | Business | Mortgage market 'dysfunctional'

Tags: mortgage market • mortgage lenders • mortgage demand • united kingdom •
0 Comments. - Permalink