(AFX UK Focus) 2009-04-29 16:28 UPDATE 1-U.S. mortgage applications drop to mid-March low (Interactive Investor)
(AFX UK Focus) 2009-04-29 16:28 UPDATE 1-U.S. mortgage applications drop to mid-March low (Interactive Investor)
By Lynn Adler
Mortgage lending slides in March, says BBA (Guardian Unlimited)
• Number of mortgages approved for purchases fell 7% in March • Figure is 25% lower than the same month last year The number of mortgages approved for house purchases by banks fell by 7% in March, figures showed today, suggesting talk of a recovery in the housing market may be premature. The British Bankers’ Association (BBA) said its members had approved 26,097 loans for house purchases over …