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Old 01-09-2008, 10:31 AM
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Post Mortgage affordability remains resilient

The Council of Mortgage Lenders has published data indicating that in November, affordability in the mortgage market continued to show some resilience to the credit squeeze.During the month, income multiples fell slilghtly with first-time buyers typically borrowing 3.33 times their income, as compared with a multiple of 3.39 in August. The average homebuyer borrowed 3.02 [...]

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Old 01-10-2008, 05:46 AM
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Default Re: Mortgage affordability remains resilient

thats not much.
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