Forex
globalreutersSeptember 30, 20241 Mins read
UK August mortgage approvals 64.86k vs 64.00k expected
globalreutersSeptember 30, 20241 Mins read - Prior 61.99k; revised to 62.50k
- Net consumer credit £1.3 billion vs £1.4 billion expected
- Prior £1.2 billion
Mortgage approvals rose in August, moving up to its highest level since August 2022 – largely driven by a surge in purchase activity. On net, individuals borrowed £2.9 billion of mortgage debt in August, compared to £2.8 billion in July.
This article was written by Justin Low at www.forexlive.com.
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