Ernst & Young's annual discretionary income study showed that after tax contributions and monthly ...UK households are 15% worse off than five years ago as rising food and oil prices put the squeeze on household incomes , a report out today said. When you're on the look out for a new home, you need cash. A lot of it. Most homes today have down payments that are more than what the buyer can afford right then and there. The solution for this? A mortgage.
