Credit Crunch and Housing Market

On August 6, 2008, in Housing, by tejvan

The credit crunch shows no sign of abating as Banks such as Barclays continue to post dissappointing results.

With the UK economy forecast to slowdown and unemployment rise, there could be a rise in mortgage repossessions and more bad loans for banks to write off.

A look back at the last 12 months of the credit crisis.

 

2 Responses to Credit Crunch and Housing Market

  1. kenneth says:

    Certainly it will be interesting where the markets leads up in the coming years. It will be very interesting to which extent the market sways around.

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