CML attacks rate pessimism

Botbol, Nicolette
May 2007
Mortgage Strategy;5/7/2007, p19
Trade Publication
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.


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