A market teetering on the brink of collapse
Story date: 2008-02-02 03:40:00
Added on: 2008-02-02 17:32:48
Guardian Unlimited - Possibly the most vulnerable borrowers are those who took out high-cost sub-prime deals because their credit record ... On a typical £150,000 repayment mortgage over a 25-year term with an interest rate of 6 per cent, the monthly repayment is £966
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