Mortgage finance 'contracting by the day' despite approvals rising - what's causing this?



MORTGAGE approvals rose sharply in July according to recently released figures from the Bank of England. This, initially, seems like a good omen for the struggling mortgage and property market but some warn that the positive figures may just be a temporary boost.
Mortgage finance 'contracting by the day' despite approvals rising - what's causing this? Mortgage finance 'contracting by the day' despite approvals rising - what's causing this? Reviewed by Online Reviews on 11:10 PM Rating: 5

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