Margin warning on mortgages

Margin warning on mortgages - 1994 - Financial Times 10 December 1994, 6(1) .

Merrill Linch warns that the margin for lenders in the mortgage market is likely to halve from 2 to 1% over the next five years due to the entry of aggressive competitors such as Direct Line.


COMPETITION
MORTGAGE LENDERS
MORTGAGE MARKET