Sentence examples for mortgage borrowing from inspiring English sources

Exact(59)

Interest rates were cut to prevent sterling from rising and this led to an orgy of mortgage borrowing.

When the economy crashed, so, too, did the housing market; and with housing wealth falling, consumer spending was no longer turbo-driven by mortgage borrowing.

In enforcing the 6 percent rule and other credit protections for service members, the government has focused primarily on mortgage borrowing.

Richard Woolhouse, chief economist at the BBA, said: "These statistics show that housing market activity remained strong in October, with gross mortgage borrowing 26% higher than a year ago and at its highest level for seven years.

While homeowners enjoying an interest rate windfall have spurned traditional saving (in disgust at low-paying deposit accounts), they have sought to improve their personal balance sheets by cutting their mortgage borrowing.

After a bout of weakness, however, major home builders advanced on Wednesday, perhaps encouraged by the outlook that a halt to interest rate increases will encourage mortgage borrowing.

Tougher rules on mortgage borrowing are also likely to have persuaded more borrowers, who would previously have remortgaged their homes to release cash, to instead turn to personal loans.

Prime mortgage borrowing rates barely dropped.

This has encouraged new mortgage borrowing, fuelling house-price inflation.

This would mean a significantly higher mortgage borrowing across the two properties.

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Similar(1)

Of the £19.7bn increase in non-mortgage borrowing in 2014, nearly half of it, amounting to £9.1bn, came from student borrowing.

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