Job losses ‘will add to mortgage pressure’

Posted by admin on January 28th, 2009 filed in Uncategorized

As the Federal Government agreed yesterday to push banks to go easy on people at risk of losing their homes, a survey by Fujitsu Consulting found low interest rates caused the number of households in mortgage stress to fall to 635,000 this month, from a peak of 883,000 in August.  However, Fujitsu expects this number [...]

Read More via: - Real Estate Buzz