UK mortgage approvals at more than two-year high

NAMPA / DPA
2024-11-29
London (dpa-AFX) - UK mortgage approvals increased to the highest level in more than two years in October, as falling interest rates boosted housing market activity. However, consumers became more cautious about borrowing and saving ahead of the Autumn Budget. Mortgage approvals for house purchases, an indicator of future borrowing, increased to 68,303 in October from 66,115 in the prior month, the Bank of England reported Friday. This was the hi......
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