0 minute readMortgage approvals in the UK decreased unexpectedly in May, data from Bank of England revealed Tuesday. But growth in net mortgage lending and consumer credit exceeded expectations in May. The number of loans approved for house purchase stood at 49,815 in May, down from April’s revised 49,828.
Diana Golobay was a reporter with HousingWire through mid-2010, providing wide-ranging coverage of the U.S. financial crisis. She has since moved onto other roles as a writer and editor.see full bio
Most Popular Articles
Latest Articles
Retirement plan participation reaches record high, but financial pressures persist
Nearly two-thirds of retirement plans now automatically enroll new participants at contribution rates of at least 4%.
-
Beazer refinancing raises Dream Finders deal cost by $53 million
-
With Warsh’s Fed overhaul, mortgage rates face a new risk
-
HUD aims to help multi-story manufactured housing go vertical
-
Intent beats volume: What real estate teams are learning from AI-powered follow-up
-
A search for a home in France shaped Real Brokerage CEO Tamir Poleg’s view on listing fragmentation
Diana Golobay was a reporter with HousingWire through mid-2010, providing wide-ranging coverage of the U.S. financial crisis. She has since moved onto other roles as a writer and editor.see full bio
