Archives for 12 February 2008
Borrowers thrown lifeline
Debt Category: Debt Management help and AdviceTwo interest rate cuts in the last few months have thrown a lifeline to hard-pressed borrowers. The Council of Mortgage Lenders (CML), in a statement, says that the reductions and expected future falls will "ease affordability constraints".With regards the type of loan borrowers are taking out, 73 per cent […]