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Old 09-29-2010, 11:37 PM
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Post House purchase lending slumps again

New data from the Bank of England show the number of loans approved for house purchases falling in August, marking the fourth consecutive monthly drop. Mortgages were secured by 47,372 homemovers and first-time buyers, down from 48,346 in July and below the previous six-month average of 48,619, although it should be noted that August is [...]

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Old 11-24-2010, 12:01 PM
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Default Re: House purchase lending slumps again

Would be interesting to know the market price sector that are most and least affected.
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