Banks approve more house purchases mortgages

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Banks approve more house purchases mortgages

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03-25-2009, 07:20 AM

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Banks approve more house purchases mortgages

Figures from the British Bankers’ Association (BBA) show a rise in the number of mortgages approved for house purchase in February, signalling the third consecutive monthly increase. Last month 28,179 loans for house purchases were sanctioned, up from 24,278 in January and significantly ahead of November’s record low rate of 17,878. However, February’s figure is still [...]

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