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Old 10-23-2009, 01:09 PM
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Post New mortgage approvals back to 2007 levels

The number of mortgages approved for house purchases by the UK’s leading banks rose again in September.Figures from the British Bankers’ Association (BBA) show 42,100 home loans sanctioned for house purchases, up from 40,100 in August and a 77% improvement on a year ago.Other mortgage approvals “remained subdued” last month and the Association concludes that [...]

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