Thursday, October 18, 2007

Today CML, yesterday IMF…

New mortgage approvals plummet by 12%

"The rate of new UK mortgages being granted plunged by 12 per cent during September, adding to growing evidence that the booming housing market is finally running out of steam." Another warning after yesterday's announcement from IMF, that housing market was heading for a crash...

Posted by peter @ 11:30 AM (621 views)
Please complete the required fields.



One thought on “Today CML, yesterday IMF…

  • Island Of Sanity says:

    If you read the footnotes of the press release, it mentions that these figures predate the credit crunch and the Northern Rock crisis.

    We haven’t seen anything yet !

    Reply
    Please complete the required fields.



Add a comment

  • Your email address is required so we can verify that the comment is genuine. It will not be posted anywhere on the site, will be stored confidentially by us and never given out to any third party.
  • Please note that any viewpoints published here as comments are user´s views and not the views of HousePriceCrash.co.uk.
  • Please adhere to the Guidelines

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes:

<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>