31.07.2009 - Mortgage lending: Baggage-handling
From Economist.com: Is the housing market really coming back to life? Prices may finally have embarked on a tentative upswing but mortgage lending remains a mixed picture. Figures from the Bank of England on July 29th show that property loans increased in June by only 342m ($561m), about the same as in May and less than most economists were expecting. The number of mortgage approvals, however, rose by almost 8% to 47,600, up from a trough of 27,400 last November..........Full Article: Source
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