Mortgage approvals in unexpected rise

first_img Mortgage approvals rose unexpectedly in November to their highest level since July, but unsecured consumer lending suffered its biggest monthly fall since August, Bank of England figures showed.The mortgage approvals figures chime with an unexpected rise in the Nationwide house price index in December, though activity is still much lower than 12 months earlier and many economists predict continued property market weakness in 2011.Mortgage approvals for house purchase rose to 48,019 in November from 47,315 in October, in contrast to economists’ expectations for a slight fall to 47,000.Net consumer credit fell by £121m, its biggest drop since August, after a £298m rise in October.Analysts had forecast a 0.2bn rise in consumer credit lending. Mortgage approvals in unexpected rise Show Comments ▼ More From Our Partners Brave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgColin Kaepernick to publish book on abolishing the policethegrio.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgFans call out hypocrisy as Tebow returns to NFL while Kaepernick is still outthegrio.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgKansas coach fired for using N-word toward Black playerthegrio.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.com Share whatsapp center_img whatsapp John Dunne Tags: NULL Tuesday 4 January 2011 4:58 am by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBetterBe20 Stunning Female AthletesBetterBeElite HeraldExperts Discover Girl Born From Two Different SpeciesElite Heraldmoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comZen HeraldThe Truth About Why ’40s Actor John Wayne Didn’t Serve In WWII Has Come To LightZen Heraldlast_img

Leave a Reply

Your email address will not be published. Required fields are marked *