Report Mortgage Lending Jumps In March, Lenders Report in House prices and the economy Posted April 20, 2010 It's pure spin on the truth. The level of lending has fallen back from the last quarter of 2009 quite substantially, while more property has come on the market. It is the last breathless puff of a reinflated bubble full of printed and borrowed govt money. The increase is claimed in relation the same quarter a year ago, so no surprise it has gone up. A fewmonths from now......anyones guess, but the balloon will pop as rates rise and we face up to our real debts after the election.