Credit squeeze sees off 10,000 mortgage deals

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Credit squeeze sees off 10,000 mortgage deals

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03-27-2008, 08:47 PM

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Credit squeeze sees off 10,000 mortgage deals

Financial website, Moneyfacts, has reported that nearly 10,000 mortgage products have been withdrawn by banks and building societies since the advent of the credit squeeze last summer. Last July a total of 15,599 deals were available to homebuyers, the number has since diminished to 5,785. The collapse in the number of mortgages available has not [...]

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