Monday, June 2, 2008

Another new low in mortgage approvals

Mortgage approvals reach new low

The number of new mortgages being approved for house purchase hit a new low point in April, according to figures from the Bank of England.

Posted by holding out @ 10:08 AM (575 views)
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2 thoughts on “Another new low in mortgage approvals

  • More hard evidence that the market is set to implode

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  • Jack, it is imploding. It’s just that it happens quite slowly in real time. I can’t begin to imagine what the figures are going to be like as each month of this year rolls on.

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