Thursday, December 18, 2008

Mortgage lending set to turn negative...

In Thursday FT (Fin Times),,,

By Norma Cohen, Economics Correspondent

Published: December 18 2008 10:51 | Last updated: December 19 2008 00:24

The number of mortgages in serious arrears is set to double next year as conditions in the housing market continue to deteriorate, the Council of Mortgage Lenders said on Thursday.

Looks like still rolling down hill.

Wow!

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