Borrowers spend less than a third on mortgage payments in 12 months (The Daily Telegraph)

April 26, 2009

Here is today’s story from The Daily Telegraph on Interest Rates.

Borrowers are spending less than a third of their monthly wage packet on their mortgage compared to half last year

sharp drop in interest rates and falling house prices means that buying a new home has become the most affordable in seven years, Halifax said.

Read the whole article

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