Institutions: The number of approved mortgage loans in the UK may increase in the second half of the year.

GoldenOctober2024

2024-07-29 11:55:30

Jinshi data news on July 29th, Pan Sen macro chief economist Wood said that as the Bank of England will start to cut interest rates, the mortgage interest rate will decrease accordingly, and the number of mortgage approvals in the UK may increase to 65,000 in the second half of 2024. The latest data from the Bank of England shows that in June, the number of mortgage approvals remained at 59,976, slightly lower than the analyst's general estimate of 60,500. Due to the rise in mortgage interest rates in the first half of the year, mortgage approval data remains stable.

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