Mutterings of the economy returning to health have become increasingly audible as October gets underway. There are also further hints that the mortgage market may be on the road to recovery.
House prices rose for the third consecutive month according to Halifax, which will be welcome news to those struggling to remortgage because they don't have enough equity in their homes. It may also boost confidence and stimulate a bit more activity in the market - good news for those trying to sell.
However, whether the recent upturn in the housing market proves sustainable will depend largely on the availability of mortgages, which as we know have been in short supply. On the plus side, there's been some positive movements in this arena too.
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More good news for mortgage borrowers
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Neither Penn Group nor any of the other companies within the Group accept any liability for any loss which may arise from the use of information contained on the website.
If you require advice on a mortgage or other any other forms of finance or indeed other issue, please contact us directly.
The views expressed by the posters on this site are the personal views of the posters and in no way reflect the views of the site adinimstratiors or of Penn Group or its companies.
Neither Penn Group nor any of its other companies accept responsibility for the contents of any third party website which has a link to or from this website.
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More good news for mortgage borrowers
by Arlene Hendriks on Thu Oct 15, 2009 3:01 pm
- Arlene Hendriks
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- Joined: Fri Jul 03, 2009 10:47 am
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