Feb
27
Mortgage Lending Still Growing Despite Interest Rate Rises
February 27, 2008 | Leave a Comment
It appears that rising interest rates have had little impact on the UK housing market as the Association of British Bankers have revealed that mortgage lending in July 2007 increased by £13.6 billion. The figure is almost exactly in line with the preceding six-month average of £13.7 billion and represents a slight increase on the June rise of £13.1 billion.



