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Mortgage Repayment: Default Rate 1 in 5 expected on fear

Yesterday, the US dollar went to a record low against Japanese Yen, which triggered a mayhem in the global stock markets. Today, the UK has come out with another interesting but dangerous observation. One out of five UK mortgage holders is concerned and worried about meeting their obligations to repay their mortgage loans in the next 1 year. This report was disclosed as per the FSA or the Financial   read more »

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