Photo: CLARA MOLDEN
The latest figures from the Bank of England revealed that net lending – which strips out redemptions and repayments – dropped to just £86 million in July, a steep fall from June’s £518 million.
“These figures tend to be well correlated with prices and they point...">>>>>>>>
U.K. Pound Drops Before Mortgage Data; Gilts Advance on Demand for Safety
The pound declined against the dollar before a report economists say will show U.K. lenders approved fewer mortgages last month, adding to evidence the economic recovery will falter.
EDITOR NOTE: THESE TWO ARTICLES GO TOGETHER - it is appalling that the economic recovery and housing go hand in hand and yet mortgage fraud is allowed to go on without any meaningful reform (my op)
Please retweet this blogpost if you find it helpful in learning about government mortgage homeownership and bank loan modifications
No comments:
Post a Comment