More risks behind new mortgages



MORTGAGE lenders and borrowers are being forced to take greater risks as property transactions slump because buyers cannot afford sky-high prices. Banks and building societies are lending at higher loan-to-values or maximum income multiples, and loosening criteria to revive the stagnant market.
More risks behind new mortgages More risks behind new mortgages Reviewed by Melbal Business News And Directory on 01 July Rating: 5

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