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Mortgage lending fell sharply last month, new figures revealed today, prompting concerns about the sustainability of the housing market's recovery. (source: The Independent) - RSS widgets and RSS feeds on Feedzilla.com

Residential and consumer financing are tight as a tourniquet. You'll need excellent credit and a considerable down payment to take advantage of lower home prices. If you already own a home and want to tap into the equity, prepare for a rough ride.

The money that banks lend is not all that it seems. Most think that they are borrowing funds that others have lent to the banks. Boy have you been deceived.