News Tag: Datamonitor
August 20, 2008
Market analyst, Datamonitor, is predicting that the UK mortgage market will shrink by nearly 20% this year.
Despite a flurry of rate cuts in recent weeks, which has seen average interest on two-year fixed-rate loans topple from a ten-year high, Datamonitor paints a bleak picture of the UK home loan market.
The credit crisis has reduced the number of lenders and products; mortgage ...
Mortgage lending to shrink by 20%
by Gill Montia