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Debate House Prices
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Mortgage costs soar despite rate freeze
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From CML:
Because there are many households with a small amount of arrears, and fewer households with large amounts of arrears, lower mortgage rates tend to inflate the reported number of arrears cases in most arrears bands.
But doesn't the one tend to lead to the other? Once you start on the slippery slope it must be doubly difficult to get out of trouble and back on track.0
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