Publication type
Journal Article
Authors
Publication date
June 1, 2007
Abstract:
This article summarises the main results from the latest survey carried out for the Bank by NMG Research in late September about the state of household finances. There was a slight increase in financial pressure among renters, continuing a recent trend. Mortgagors appeared not to have experienced any increased difficulty despite the increase in policy rates over the year. Partly, this reflects the widespread use of fixed-rate mortgage products. Credit conditions appeared to have tightened a little for renters, but loosened for mortgagors over the year to September.
Published in
Bank of England Quarterly Bulletin
Volume
Volume: 47 (4):512-521
Subjects
Notes
B.of E. alert
Albert Sloman Library Periodicals *restricted to Univ. Essex registered users*
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