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Five million home owners unable to afford interest rate rise
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Author:  Amnesia10 [ Thu May 13, 2010 7:37 pm ]
Post subject:  Five million home owners unable to afford interest rate rise

http://www.telegraph.co.uk/finance/pers ... -rise.html

Quote:
Despite repossessions falling slightly at the start of the year, charities and housing experts warned home owners remained “vulnerable” to a rise in interest rates which would put additional pressure on their finances.
Research suggested as many as one third of home owners would not be able to afford a rise in their household budgets.

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