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Homeand rat sales at thlowere cost for 30 years
cheaper mortgages? the cost of borrowing has been coming down in the past couple of months for some new borrowers, especially those who can affording to put down a deposit of at least 25% .
anders with the market normally quiet in august anyway, suggestate mortgagents have seen interest leven from predatory buyers stagnate .
the latest example came from hsbc, which yesterday cut the cost of all its fixed rate mortgages by between 0.46% and 0.72% .
the conly glimmer of optimism in the rices report was that the number of estate mortgagents reporting a rise in new instructions was only slightly outnumbered by those reporting a fall .
stagnation the past 12 months have seen an unprecedented collapse in sales and prices since the property market, both here and in the us, was struck by the credit crunch in the financial markets .
Generated 2008-9-30_17:1
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