Home loan holders less confident

Confidence in the housing market has slipped sharply, according to latest survey. It found that the number of people who feel house prices will fall over the next 12 months increased from 48 per cent in March to 64 per cent in April. Additionally, 57 per cent of house price pessimists blame their feelings on the fear of rising interest rates - that is the highest level since interest rates rose to 4.75 per cent last August. As such the managing director, Jim Buckle believes: “There is no justif