Britain’s Mortgage Crisis!
Patrick Boyle On Finance
00:00
The Future of Mortgage Rates in the UK
Just 1,250 mortgaged properties were repossessed in the first three months of this year. Many British borrowers are extending the term of their mortgage when they refinance their loans right now. A key difference between the early 1990s and right now is the cushioning effect of housing equity built up over many years of house price growth.
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