TITLE

ANALYSIS: Low interest rate is the right medicine

PUB. DATE
June 2011
SOURCE
Engineer (Online Edition);6/6/2011, p17
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article focuses on the significance of low interest rate to control spending and salaries without affecting repossessions and confidence for the housing market in Great Britain. It considers this trend as call for a fiscal tightening among the mortgage brokers in the country. It notes the breakthrough in loan-to-values (LTVs), repriced fixed rates, and more products.
ACCESSION #
79577686

 

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