Market commentary [electronic resource]
Language: English Series: CML Market CommentarySubject(s): Online resources: Summary: Market commentary from the Council of Mortgage Lenders for June 2009. Forecasts that, due to cuts in interest rates, fewer borrowers will fall behind mortgage repayments and there will be fewer possessions. At the same time, as unemployment rises, more people will be unable to pay their debts. Housing activity will remain low as the lending industry has difficulty increasing the supply of mortgage credit and as the market remains weak. Includes statistics from 2006 to June 2009.| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| Journal article | Virtual Online | ONLINE PUBLICATION (Browse shelf(Opens below)) | 1 | Available | 147856-2001 |
Market commentary from the Council of Mortgage Lenders for June 2009. Forecasts that, due to cuts in interest rates, fewer borrowers will fall behind mortgage repayments and there will be fewer possessions. At the same time, as unemployment rises, more people will be unable to pay their debts. Housing activity will remain low as the lending industry has difficulty increasing the supply of mortgage credit and as the market remains weak. Includes statistics from 2006 to June 2009.