Thursday, Apr 24, 2008

Mortgage demand dropping. I'm shocked

Guardian: Mortgage demand at lowest level since Labour won power

"A breakdown of the BBA data showed that the end of the house price boom has prompted a 30% year-on-year fall in equity withdrawal"...Err so hold on, someone is still mewing? Hmm I wonder if they are using the "mewed" cash to pay for their increase in mortgage costs...

Posted by pagaman @ 07:17 AM (176 views) Add Comment

1 Comment

1. jonb said...

This is talking about mortgage approvals, which is related to supply, not demand.

Thursday, April 24, 2008 12:03PM Report Comment
 

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