We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
Debate House Prices
In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non MoneySaving matters are no longer permitted. This includes wider debates about general house prices, the economy and politics. As a result, we have taken the decision to keep this board permanently closed, but it remains viewable for users who may find some useful information in it. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Mortgage approvals leap by 19 per cent (merged)
Comments
-
So do you in all honesty think the end is near? Do you in all honesty think that our house prices will stop falling around the same time as the US? That the bubble will simply go slightly pop, and then back to normal?It's not the recovery, not a spring bounce, just a sign that prices will soon level out - by end year IMO
Really Dan, is that really possible?0 -
So do you in all honesty think the end is near? Do you in all honesty think that our house prices will stop falling around the same time as the US? That the bubble will simply go slightly pop, and then back to normal?
Really Dan, is that really possible?
No, not the end.
No, not back to normal.
I don't think we will be hit as hard as the US, but I do think we will see the bottom by the end of this year but the recovery (to 2007) is likley to take 8-10 years.
Mortgage approvals are a good way to measure what will happen to house prices.0 -
Article from the Torygraph.
http://www.telegraph.co.uk/property/propertynews/5075528/Mortgage-approvals-leap-by-19-per-cent.html
BTW, the article is serious spin, since approvals are up 19% month on month, but 44% down as compared to Feb 2008.
Does anyone know whether the mortgage approvals include mortgage refinance applications, or are they for new mortgages?“The ideas of debtor and creditor as to what constitutes a good time never coincide.”
― P.G. Wodehouse, Love Among the Chickens0 -
Yeah I glimpsed something. A blip maybe? Two days ago I thought the stock markets were safe, worst over and so on. Today I'm not so sure. No bail out for GM. G20 back peddling. Big picture still looks dodgy.i take it that you didn't see the Hometrack report today - oooops
Same time tomorrow?0 -
Yeah I glimpsed something. A blip maybe? Two days ago I thought the stock markets were safe, worst over and so on. Today I'm not so sure. No bail out for GM. G20 back peddling. Big picture still looks dodgy.
Same time tomorrow?
another blip!!!
yeah - same tomorrow, just off to wind up Wookster some more though - he's using me for therapy apparently
0 -
Does anyone know whether the mortgage approvals include mortgage refinance applications, or are they for new mortgages?
I am not sure but read that remortgages were down on the basis that people are sticking on the Variable rate for the time being.'Just think for a moment what a prospect that is. A single market without barriers visible or invisible giving you direct and unhindered access to the purchasing power of over 300 million of the worlds wealthiest and most prosperous people' Margaret Thatcher0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 352.1K Banking & Borrowing
- 253.6K Reduce Debt & Boost Income
- 454.3K Spending & Discounts
- 245.2K Work, Benefits & Business
- 600.8K Mortgages, Homes & Bills
- 177.5K Life & Family
- 259K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards