Net mortgage borrowing plummets in April, shows BoE data
Net mortgage borrowing plummets in April, shows BoE data
Abstract
In April, net borrowing of mortgage debt dropped from ยฃ6.4bn in March to ยฃ4.1bn in April. Gross lending rose slightly on the month, however, from ยฃ26.2billion in March.
You can contact us to get more choices
0
You can contact us to get more choices
Related posts
The data shows that in April, net borrowing of mortgage debt dropped from ยฃ6.4bn in March to ยฃ4.1bn in April.
Gross lending rose slightly on the month, however, from ยฃ26.2bn in March to ยฃ26.5bn in April.
Meanwhile, mortgage approvals for house purchases dropped from 69,500 to 66,000 and from a value of ยฃ16.8bn to ยฃ16.1bn.
if ($(window).width()
The data shows that in April, net borrowing of mortgage debt dropped from ยฃ6.4bn in March to ยฃ4.1bn in April.
Gross lending rose slightly on the month, however, from ยฃ26.2bn in March to ยฃ26.5bn in April.
Meanwhile, mortgage approvals for house purchases dropped from 69,500 to 66,000 and from a value of ยฃ16.8bn to ยฃ16.1bn.
if ($(window).width()
Net mortgage borrowing came to ยฃ4.7bn in February, Bank of England (BoE) figures show, down on the ยฃ5.9bn recorded in January. Meanwhile, approvals for house purchases fell too, from 73,800 in January to 71,000 in February while the value of these approvals ticked up, from ยฃ16.6bn to ยฃ16.7bn, respectively. And approvals for remortgages increased, from ...
This story continues at February sees net mortgage borrowing fall
Or just read more coverage at Mortgage Finance Gazette
Net mortgage borrowing came to ยฃ4.7bn in February, Bank of England (BoE) figures show, down on the ยฃ5.9bn recorded in January. Meanwhile, approvals for house purchases fell too, from 73,800 in January to 71,000 in February while the value of these approvals ticked up, from ยฃ16.6bn to ยฃ16.7bn, respectively. And approvals for remortgages increased, from ...
This story continues at February sees net mortgage borrowing fall
Or just read more coverage at Mortgage Finance Gazette
Data shows that net mortgage borrowing is still above the pre-pandemic average of ยฃ4.3bn in the year to February 2020.
Gross lending showed little change last month at ยฃ25.4bn, down from ยฃ26bn in July.
Mortgage approvals for house purchases increased sharply to 74,300 in August from 63,700 in July.
if ($(window).width()
Data shows that net mortgage borrowing is still above the pre-pandemic average of ยฃ4.3bn in the year to February 2020.
Gross lending showed little change last month at ยฃ25.4bn, down from ยฃ26bn in July.
Mortgage approvals for house purchases increased sharply to 74,300 in August from 63,700 in July.
if ($(window).width()
The countryโs largest metro areas all saw steep declines in home sales in September as would-be homebuyers wait on the sidelines. This was especially true in the Greater Toronto Area, where September sales were down 10% from August and 44% compared to last year. New listings in the GTA were down 16.7% year-over-year, which the Toronto Regional Real Estate Board (TRREB) said was the lowest number of new listings for the month of September since 2002. โWe must ensure that the temporary dip ...
The countryโs largest metro areas all saw steep declines in home sales in September as would-be homebuyers wait on the sidelines. This was especially true in the Greater Toronto Area, where September sales were down 10% from August and 44% compared to last year. New listings in the GTA were down 16.7% year-over-year, which the Toronto Regional Real Estate Board (TRREB) said was the lowest number of new listings for the month of September since 2002. โWe must ensure that the temporary dip ...
This compares to a 9.7% increase recorded in March.
On a monthly basis, house prices moved up by 1.1% in April. A year ago, this read as negative 1.3%.
It means that in April 2022, the average house price in the UK stood at ยฃ281,000 โ ยฃ31,000 times more than in April 2021.
if ($(window).width()
This compares to a 9.7% increase recorded in March.
On a monthly basis, house prices moved up by 1.1% in April. A year ago, this read as negative 1.3%.
It means that in April 2022, the average house price in the UK stood at ยฃ281,000 โ ยฃ31,000 times more than in April 2021.
if ($(window).width()
Demand for secured lending for house purchases lifted in the first quarter of the year and is expected to jump over the next three months, according to a Bank of England report. Banks and building societies reported a net balance of 6 when asked how demand had changed, swinging from -34.8 in the final quarter ...
This story continues at Mortgage demand lifts despite spike in living costs: BoE
Or just read more coverage at Mortgage Finance Gazette
Demand for secured lending for house purchases lifted in the first quarter of the year and is expected to jump over the next three months, according to a Bank of England report. Banks and building societies reported a net balance of 6 when asked how demand had changed, swinging from -34.8 in the final quarter ...
This story continues at Mortgage demand lifts despite spike in living costs: BoE
Or just read more coverage at Mortgage Finance Gazette
Prices, inventory, and movement all increased in the Memphis residential real estate market in May, according to data from the Memphis Area Association of Realtors.
Prices, inventory, and movement all increased in the Memphis residential real estate market in May, according to data from the Memphis Area Association of Realtors.
Analysis and Data
New HMDA Data Shows Racial Disparities In Mortgage Lending Persist
Katie Jensen
Jun 14, 2022
FDIC economist finds disparities diminish when implementing new data on risk factors, but they still exist.
KEY TAKEAWAYS
Studies using pre-2018 HDMA data that claimed to show intention...
Analysis and Data
New HMDA Data Shows Racial Disparities In Mortgage Lending Persist
Katie Jensen
Jun 14, 2022
FDIC economist finds disparities diminish when implementing new data on risk factors, but they still exist.
KEY TAKEAWAYS
Studies using pre-2018 HDMA data that claimed to show intention...
Property prices continued to defy gravity and surged upwards in March, with Halifaxโs latest house price index showing a 1.4% rise โ the biggest monthly increase for six months. Year on year house prices are now rising at 11 per cent, the highest level seen since mid 2007, shortly before the financial crash.ย These latest ...
This story continues at House prices jump in March, Halifax data shows
Or just read more coverage at Mortgage Finance Gazette
Property prices continued to defy gravity and surged upwards in March, with Halifaxโs latest house price index showing a 1.4% rise โ the biggest monthly increase for six months. Year on year house prices are now rising at 11 per cent, the highest level seen since mid 2007, shortly before the financial crash.ย These latest ...
This story continues at House prices jump in March, Halifax data shows
Or just read more coverage at Mortgage Finance Gazette
As we enter the final months of what has been a wild year for the housing market, key data suggests that we are slowly heading toward a slightly healthier and [โฆ]
As we enter the final months of what has been a wild year for the housing market, key data suggests that we are slowly heading toward a slightly healthier and [โฆ]