UK Landlord Forum / Life

Here's why thismoney thinks you should be positive about house prices...

Meh, most of the reasons in my opinion were pointless. However, there was one good point which wasn't completely, ya know, baseless.

1: More mortgage lending
For the first time since the crunch began a year ago, banks are beginning to regain enough trust to start lending significantly larger amounts to one another. And that's because Libor rates have steadily fallen in recent weeks despite there being no move in interest rates.

What is libor rate? It's the rate at which banks/lenders lend money to one another.