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CEO Mark Wilkshire says growing mortgage market share during tough times is a good strategy for The Co-operative Bank

Banking / news
CEO Mark Wilkshire says growing mortgage market share during tough times is a good strategy for The Co-operative Bank
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1 Comments

I recently procured a mortgage

$15,000 to be precise being a bit short

The cost being ridiculous

What I keep thinking about is the people coming off fixed that are going to come up against a brick wall

There is going to be carnage

And a flood of homes coming on the market driving prices down

Possibly a massive injection of migrants may apply a band aid with unemployment projected to peak at 150,000 as we enter recession and a world wide economic collapse?

Most mortgages are taken out in spring hence where most anniversaries occurring

High interest rates aren't going anywhere soon

For discussion

 

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