Tuesday, Apr 29, 2008
Good Good
The Telegraph: Drop in mortgage lending signals gloom for house prices
The Bank of England has today said that seasonally-adjusted mortgage approvals for house purchases fell to the lowest level since comparable records began in 1993. Approvals fell to 64,000 in March, down from 72,000 in February and below a 2007 peak of 115,000 seen in both May and March.............
Posted by titaniccaptain @ 12:29 PM (295 views) Add Comment
2 Comments
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1. mark wadsworth said...
"Gloom"? "Joy and rapture" more like. Where's that deckchair ...?
2. Fed Up said...
Agreed, this country is up to its eyeballs in debt and the media talk of reduced borrowing as 'gloomy'. Absolutely perverse!