Sunday, October 21, 2007

Mortgage Refusals.

The number of prospective mortgage applicants who have been refused a mortgage, has increased by 60% since the northern rock problems.The reason for an increase in the number of mortgage refusals is:1. Many US mortgage lenders went bankrupt.Therefore, mortgage lenders are wary of taking on more sub prime debt. UK mortgage lenders are also becoming [...]

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[Source: Mortgage Blog]

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