U.K. Mortgage Rates Surge, Consumer Confidence Slumps (Update1) - Bloomberg

Story date: 2008-07-09 02:56:00
Added on: 2008-07-10 23:02:28

July 9 (Bloomberg) -- U.K. mortgage rates surged to the highest in eight years and consumer confidence dropped, adding to signs that the economic downturn is deepening. The rate on a home loan fixed for two years rose to 6.63 percent in June, the ...


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