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Lower Fees Demanded in the Face of Declining Mortgage Approval Numbers

Mortgage

Lower Fees Demanded in the Face of Declining Mortgage Approval Numbers

On Tuesday, the British Bankers Association reported that home loan approvals declined from 34,752 in April to 27,968 in May. This May's number is 56.1% lower than the same time last year, and it's the lowest number of mortgage approvals since 1997, when the BBA started recording data on the topic. More...

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