economonkey

Archive for February 25th, 2008

25 Feb, 2008

Mortgage approvals up, house prices down

Posted by: Lance In: News

The headlines seem to be suffering from an attack of schizophrenia over the prospects for Britain’s property market today. Reuters reports that mortgage approvals were up in January, with 44,288 home loans being approved compared to 42,343 in the previous month. That might sound like good news, but since the figure is roughly a third […]


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Economonkey is a blog about the economy, how it works and how it effects all of us. Our aim is to help everybody understand how the economy is run, so that they are better informed about what's happening to their money.