News Sources wrote an interesting post today on
Here’s a quick excerpt
Banks are making the highest profits on mortgages since records began. Customers are also facing record costs for overdrafts and personal loans. The difference between the interest rate that banks charge and the rate at which they borrow is the biggest since the Bank of England started collecting data 15 years ago.The figures demonstrate that, two years after the credit crunch began, consumers are being hit harder than ever, despite the Bank cutting interest rates to an all-time low of 0.5 per c

Share and Enjoy:

Read the rest of this great post here

This entry was posted on Wednesday, August 12th, 2009 at 12:19 pm and is filed under Mortgage Loan News. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.