Wednesday, Apr 23, 2008
House purchase loans approved -43.7% compared with a year earlier!
British Bankers' Association: March figures for the main high street banks
March’s net mortgage lending weakened and all forms of mortgage approvals declined. Credit card lending increased slightly as other unsecured lending weakened. Personal
deposits grew more strongly than in recent months. Lending to financial companies continued around trend. All forms of mortgage approvals weakened in March and at 129,300 were at their lowest since September 2000. Approvals for house purchase were the lowest since the series began in September 1997.
Posted by my 2 cents @ 11:43 AM (121 views) Add Comment
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