| 21.07.2009 - Economists warn jump in home loans is unsustainable |
| From Independent.co.uk: A sharp rise in mortgage lending last month reflects seasonal trends rather than a sustainable pick-up in the housing market, economists warned yesterday. Total mortgage lending hit £12.3bn in June, the Council of Mortgage Lenders revealed, more than 17 per cent up on May's figure of £10.5bn, and the highest monthly total this year.......Full Article: Source |