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Mortgage Approvals Increase
By | May 16, 2008
Topics: Rich Dad Poor Dad |
Mortgage approvals unexpectedly increased in January as house prices continued to fall. The Bank of England has released new data showing there were 74,000 mortgage approvals in January, which was up 2,000 from December. That month’s figure of 72,000 was the lowest since current records began in 1999. The surprise pick-up in the forward-looking indicator brings to an end a run of seven months of declines.
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Mortgage Approvals Increase
