i know this has all been said before…these predictions of the house market slowing/going in reverse….
but there is one key fact that cannot be ignored and whose effect will be challenging..
that is..”…over the next year, 40 per cent of existing fixed rate mortgages are due for renewal…”..
and guess which way these mortages are heading…?
go to source/story>>Well-fed property beast may yet feel indigestion pangs – 28 Dec 2005 – Business