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December mortgage approvals lowest since March 2009

February 2nd, 2011

December mortgage approvals lowest since March 2009 LONDON (Reuters) – Mortgage approvals for house purchases fell more than expected in December to their lowest since March 2009, in a sign the housing market is set to continue to weaken, official data … Read more on Reuters Finance News (EU) via Yahoo! UK & Ireland Finance

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Mortgage lending lowest since 1999

January 27th, 2011

Mortgage lending lowest since 1999 New mortgage lending by the major banks dived to an 11-and-a-half-year low during December as potential buyers continued to stay away from the housing market, figures showed today. Read more on Independent

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Mortgage lending slumps to lowest level since 1999

December 25th, 2010

Mortgage lending slumps to lowest level since 1999 Fears for housing market as BBA reveals high street lending collapse. Read more on AFP Telegraph Finance News via Yahoo! UK & Ireland Finance

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September mortgage approvals lowest since Feb

October 30th, 2010

September mortgage approvals lowest since Feb British mortgage approvals came in slightly better than expected in September but still fell to the lowest since February and overall credit was subdued Bank of England figures showed on Friday. Read more on Reuters via Yahoo! UK & Ireland News

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Mortgage approvals hit lowest level since April 2009

September 27th, 2010

Mortgage approvals hit lowest level since April 2009 Mortgage approvals slumped last month to their lowest since the trough of April 2009, reinforcing increasingly gloomy predictions for the housing market. Read more on Daily Telegraph

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August mortgage approvals lowest since April 2009 – BBA

September 23rd, 2010

August mortgage approvals lowest since April 2009 – BBA The number of loans approved for buying houses fell in August to its lowest since the housing market trough in 2009 industry data showed on Thursday suggesting housing market weakness is set to continue. Read more on Reuters via Yahoo! UK & Ireland News

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Purchase Mortgage Applications Post Largest Rise Since May

September 8th, 2010

Purchase Mortgage Applications Post Largest Rise Since May The anemic housing market showed a few signs of life last week, with near-record low mortgage rates boosting new home-purchase applications. Read more on Wall Street Journal Blogs

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Signs Of A Rebound, Yet The Worst Auto Market Since The 1950s

September 3rd, 2010

Signs Of A Rebound, Yet The Worst Auto Market Since The 1950s Some of the phrases used in headlines this week, to describe August auto sales, have been brutal: “sales slowing to a crawl,” “taking a tumble,” or “struggling along” were just a few. But they’re pretty appropriate. “We saw the worst August in 28 [...]

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Fannie Mortgage Bonds Drop Most Since March on Federal Reserve Refinancing

August 14th, 2010

Fannie Mortgage Bonds Drop Most Since March on Federal Reserve Refinancing Fannie Mae and Freddie Mac mortgage securities tumbled, with prices for certain debt declining the most relative to U.S. Treasuries since March, on concern that refinancing will accelerate after the Federal Reserve said it would buy more government notes. Read more on Bloomberg

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Renters’ costs in longest fall since ’95

April 17th, 2010

Renters’ costs in longest fall since ’95 The cost of housing for renters fell in the Los Angeles-Orange County-Riverside region last month for the sixth month in a row, dropping by 0.7% from March 2009, the U.S. Bureau of Labor Statistics reported. That’s equivalent to nearly $11 a… Read more on Orange County Register

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