Loans and Finance

Loans and Finance

Text

News and information about loans, money, debt, finance and business issues.

Tuesday, August 11, 2009

Mortgage Approvals Up 23%

The Council of Mortgage Lenders (CML) report that the number of mortgages for homebuyers granted in June was 45,000, and increase of 23% compared with May.

CML are of the view that the mortgage market had stabilised. However, they correctly caution that this is not the beginning of a new housing boom.

No comments:

Post a Comment