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MSE News: Mortgage lending continued to stall in February
Former_MSE_Helen
Posts: 2,382 Forumite
This is the discussion thread for the following MSE News Story:
"The Council of Mortgage Lenders predicts this is going to be a challenging year for households and the housing market ..."
"The Council of Mortgage Lenders predicts this is going to be a challenging year for households and the housing market ..."
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Comments
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Hopefully the Bank of England are reading this as well and no interest rate rises for the next few months/years!0
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Hopefully the Bank of England are reading this as well and no interest rate rises for the next few months/years!
:eek:
I hope the opposite, these whole housing problem was caused by to low interest rates.
For a healthy economy we need higher interest rates which will stimulate savings which in turn leads to business investment.
Lending will return to normal when house prices fall to affordable levels and banks have more people saving to fund mortgages.:exclamatiScams - Shared Equity, Shared Ownership, Newbuy, Firstbuy and Help to Buy.
Save our Savers
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