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UK Mortgage Approvals Hit 5-Month High

Por: RTTNews Business January 04, 2024

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UK mortgage approvals increased to the highest level in five months in November reflecting an improvement in the housing market activity, and consumer credit increased the most since 2018, official data revealed on Thursday. The number of mortgage approvals, an indicator of future borrowing, increased to 50,067 in November from 47,888 in October, the Bank of England data showed. The actual interest rate paid on newly drawn mortgages gained 9... + full article



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