|   FM Home  |   FM Forum  |   FM News  |   FM Blog  |  

Go Back   Finance & Money Forums > Finance > Mortgages



FAQ Members List Calendar Search Today's Posts Mark Forums Read

Mortgages Discussions about mortgages and mortgage lenders, and property as an investment.

Reply
 
Thread Tools
  #1 (permalink)  
Old 05-14-2008, 09:29 AM
Finance News's Avatar
Senior Member
 
Join Date: Sep 2007
Posts: 3,713
Post Lending for new house purchases plummets

The Council of Mortgage Lenders (CML) has published mortgage lending figures for the first quarter of the year, showing that the number of loans approved for house purchases fell to 142,000. The figure is slightly above the lowest on record, which was in 1975, when 140,000 home loans were approved in the first three months of [...]

More: Lending for new house purchases plummets
Reply With Quote
  #2 (permalink)  
Old 05-14-2008, 12:35 PM
Junior Member
 
Join Date: Apr 2008
Posts: 27
Default Re: Lending for new house purchases plummets

I think we are going to continue to see this trend over the next 6 months until markets free up. I also think the housing crash will continue even further over the next 12/18 months
Reply With Quote
Reply

Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
New lending down for purchases and equity withdrawal Finance News Mortgages 1 01-10-2008 05:48 AM


All times are GMT +1. The time now is 11:39 PM.


Powered by vBulletin® Version 3.8.2
Copyright ©2000 - 2013, Jelsoft Enterprises Ltd.
Content Relevant URLs by vBSEO 3.1.0

© 2005-2011 Finance Markets. All rights reserved  |  About  |  Disclaimer  |  Resources  |  XML Feed  |  Contact us