Monday, 27 April 2009

Green shoots take a blow in the mortgage market

A setback for any signs of green shoots in the housing market as figures out this money show mortgage completions down 6.8 per cent in February and 25 per cent down on a year ago.

It was the first fall since the end of last year and may signal that the confidence that was returning to the housing mareket is not as solid as some were forecasting

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