Proceeding contribution from Nick Raynsford (Labour) in the House of Commons on Thursday, 16 July 2009. It occurred during Adjournment debate on Housing and the Credit Crunch.
Housing and the Credit Crunch
I accept that entirely. Interest rates are down, but the hon. Lady will recall that the CML's previous forecast was issued after interest rates reached the current level, so we are dealing with a static position. Its latest revision downwards is against a background of a similar interest rate position as that which it took into account when making its previous forecast.
Secondary information
- Type
- Proceeding contribution
- Reference
- 496 c162WH
- Session
- 2008-09
- Chamber / Committee
- Westminster Hall
- Subjects
- Construction Council housing Credit Housing Economic situation Low incomes Mortgages Loans Private rented housing Standards Economic recession
- Link
- View this Proceeding contribution on www.publications.parliament.uk
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- 2026-02-25 15:37:48 +0000
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