The number of new house purchase loans agreed by the big banks plunged to a record low in October, triggering fears of a property market slowdown. Just 44,100 mortgages were approved last month - down from September's 54,000, the British Bankers' Association revealed yesterday]
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Home loans by banks slump to a record low
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Yen Rises Against Pound, Euro on Signs of Slowdown in Europe - Bloomberg Yen Rises Against Pound, Euro on Signs of Slowdown in Europe Bloomberg - 22 hours ago … currencies as a deepening US property slump prompted investors to retreat from higher-yielding assets funded by loans in Japan, known as carry trades. …
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