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Saturday, January 29, 2011

Are you confused, talk about talking out of both sides of your mouth!

This was in todays BBC!
  • Bank sees slight mortgage pick-up


  • Dip in mortgage demand predicted


  • Mortgage lending at 20-month low


  • Mortgage lending at nine-year low                                          So, which is it, mortgage lending is at a 20 month and 9 year low, not hard to predict a 'slight pick-up'! Wait a minute, no..it's a dip in mortgage demand. Wow, I'm confused. Thank godness the best financial minds are at the helm. Must be the same qualifactions needed to be a weather forecaster!

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