Archive for December, 2008

Will There Be Mortgages Available?

Wednesday, December 10th, 2008

There has been much talk about helping with the mortgage crisis throughout the world in the last few months; however there still doesn’t seem to be many lending institutions lending. The mortgage lenders in the UK are being asked to resume lending right away. The government has helped with the interest rates and different packages and the banks still seem unwilling to resume lending. The levels for lending are not expected to increase in the upcoming year and this could definitely continue to harm the economy. (more…)