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Mortgage approvals to home buyers reach highest level for over two years

Mortgage approvals to home buyers reach highest level for over two years




The ‘effective’ interest rate – the actual interest typically paid – on newly drawn mortgages decreased to 4.61% in October, the lowest since May 2023, figures show



Source link : https://www.mirror.co.uk/news/business/mortgage-approvals-home-buyers-reach-34214138

Author : mirrornews@mirror.co.uk (Vicky Shaw PA Personal Finance Correspondent, Lawrence Matheson)

Publish date : 2024-11-29 11:55:08

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