Most evidence suggests that credit conditions are loosening, albeit very gradually. As it becomes clearer that the housing and wider economic recoveries are strong enough to cope with a gradual rise in interest rates, lender caution should dissipate, helping to extend the recent recovery in the mortgage market.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services