Mortgages fall as house market cools
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Home loan approvals in October fell to their lowest levels in nearly five years, according to figures released this morning by the Bank of England, confirming that the housing
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The Mortgage Bank Association announced a decline in home loan appilcations. Department of Labor announces a spike in CPI rates.
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The number of mortgages approved by banks fall for the fifth month in a row in October, figures show.
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Property prices are falling at rates not seen since the 1990s housing recession, surveyors warn.
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Applications for U.S. home mortgages dropped last week as a decrease in purchasing activity offset an increase in refinancing activity, an industry group said on Wednesday.
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The number of mortgages approved by banks fell 22% in August compared to the same month last year, figures show.
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Business & money: The number of new mortgage approvals fell to its lowest level in over two years in September.
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New applications for U.S. home loans  fell last week even as average 30-year mortgage rates decreased  from the previous week, an industry group said on Wednesday.
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The number of loans for house purchases fell by 35 per cent in October compared with the same month last year, providing further evidence of a slowdown in the housing market.
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U.S. mortgage applications dropped more than 5 percent last week to their lowest level this year even as interest rates fell, an industry trade group said on Wednesday.
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Investors' expectations of an interest rate cut -- and home buyers' hopes for cheaper mortgages -- seem to be disappearing.
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U.S. mortgage applications fell for a  second consecutive week, reflecting a drop in demand for home  purchase and refinancing loans even as interest rates sank, an  industry group said on Wednesday.
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Applications for U.S. home mortgages  fell last week, which was shortened by the Thanksgiving  holiday, as mortgage rates edged higher, an industry group said  on Wednesday.
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Business & money: House prices have dropped for the first time in two years, adding to worries of unstable market.
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Applications for U.S. home mortgages  fell last week as refinancing activity slumped and mortgage  rates were little changed, an industry group said on Wednesday.
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Applications for U.S. home mortgages  dropped last week as a decrease in purchasing activity offset  an increase in refinancing activity, an industry group said on  Wednesday.
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Business & money: Second consecutive monthly drop signals market is cooling off, Nationwide building society says