Wednesday, May 4, 2011

There fighting back lads!

Mortgage approvals highest in five months

New mortgage approvals rose to their highest levels in five months in March, according to new data from the Bank of England, while consumer credit continues to be sluggish. The number of mortgages approved for house purchases rose to 47,557, higher than the 46,283 average in the previous six months . The slight pick up in mortgage lending comes as a closely-watched survey showed house prices slipped back. WOW! an extra 1,274 mortgages per 23.6 million households. Now that is a slight pick-up.

Posted by khards @ 02:08 PM (1618 views)
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4 thoughts on “There fighting back lads!

  • Their fighting back with rubber bullets Mr Mainwaring.

    ~ Sh*t, that’s where they’ve gone!

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  • sibley's b'stard child says:

    Not all dissimilar to last week’s article ‘approvals soar to eight month high’ (or words to that effect) whilst burying the fact the YoY was actually down 10% or so.

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  • Other headline news, “April is highest daylight month so far this year!”

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  • FT.om – the website for financial meditation … a prescient notion!

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