Monday, 2 June 2008

Mortgage approvals down 50 percent

No surprises here; the Bank of England has just released the latest numbers for mortgage approvals. Loan approvals for home purchases came in at 58 thousand, down 49 percent compared to the same month last year.

5 comments:

Roy said...

That is what is meant by credit crunch.

Anonymous said...

The crash is getting worse. 50 percent down wow!

Mark Wadsworth said...

Woo hoo!

aSteve said...

I'd like to see the change in mean LTV. ;)

game gambling online lottery said...

Thanks. Im Inspired again.