Financial Times FT.com

Buyers likely to pay more for subprime mortgages

By Jane Croft, Retail Banking Correspondent

Published: August 11 2007 03:00 | Last updated: August 11 2007 03:00

Consumers face paying higher rates for subprime mortgages because of turmoil in the credit markets.

DB Mortgages, owned by Deutsche Bank, this week pulled all its subprime mortgage products and is expected to increase their prices when relaunching the range of products later this month.

You have viewed your allowance of free articles. If you wish to view more, click the button below.

Read this