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High rise in mortgage arrears

Language: English Series: Financial Times ; 18/8/89 p8 | Times ; 18/8/89 p3(2)Publication details: 1989Subject(s): Summary: High interest rates are being held responsible for the sharp increase in mortgage default s and house prices are set for a long-term fall in real terms, according to a report by Spicers Consulting Group , entitled "The market turns down".

High interest rates are being held responsible for the sharp increase in mortgage default s and house prices are set for a long-term fall in real terms, according to a report by Spicers Consulting Group , entitled "The market turns down".