TITLE

CML attacks rate pessimism

AUTHOR(S)
Botbol, Nicolette
PUB. DATE
May 2007
SOURCE
Mortgage Strategy;5/7/2007, p19
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports that the Council of Mortgage Lenders (CML) has accused the mortgage industry of having a pessimistic outlook on the interest rates in Great Britain. According to the spokesperson of CML inflation is still expected to have sharp fall and some of the factors have pushed it up like, food and furniture prices fall. Which a reduction in utility prices take effect could be back to 2% within a period of months.
ACCESSION #
25060791

 

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