UK January mortgage approvals 66.19k vs 65.65k expected ...Middle East

Prior 66.53k; revised to 66.51kNet consumer credit £1.7 billionPrior £1.0 billion; revised to £1.1 billion

Net borrowing of mortgage debt by individuals increased by £0.9 billion to £4.2 billion in January, following an increase of £1.1 billion in the month before. The annual growth rate of mortgage lending rose further to 1.8%, reinforcing the upwards trend since April last year.

This article was written by Justin Low at www.forexlive.com.

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