Low mortgage rates fuel house price increases

13th July 2010, Comments 0 comments

A study by Comparis, the consumer rating agency, shows that average mortgages dropped in the second quarter of 2010 to historically low levels. With Libor-linked rates as low as 0.9 percent, the cheap money is stoking property prices and fuelling worries about a real estate bubble that may burst if rates - which look steady now - suddenly rise.

0 Comments To This Article