Mortgage lending improves in June but CML cautious

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Mortgage lending improves in June but CML cautious

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08-11-2010, 10:44 PM

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Mortgage lending improves in June but CML cautious

Despite the doom and gloom surrounding the housing market currently, there is some positive news from the Council of Mortgage Lenders (CML). According to the CML, 52,000 new loans were granted to home buyers in June – 19% higher than in May and up 14% on June 2009. CML economist Paul Samter points out that [...]

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