Friday, April 22, 2011

No Hope ;-)

UK House Prices: Not a Lot of Room for Hope

However, in the same breath the Council for Mortgage Lenders has blown that house down with a report of yet another year on year drop in mortgage approvals. Mortgage approvals fell 2% year on year in March according to the CML. Optimists will cling to the 21% month on month rise, but this is simply a seasonal trend. Compared to the fourth quarter of 2010, the first quarter's 30.1 billion worth of mortgages represents an 11% decline on the quarter.

Posted by happy mondays @ 02:47 PM (3776 views)
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One thought on “No Hope ;-)

  • happy mondays said …. No Hope 😉

    & Bob Hope 😉

    In a world of private property, if something isn’t owned by somebody, it’s going to be misused by somebody else.

    ~ Pete Seeger.

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