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UK mortgage approvals rise to six-month high in February

British mortgage approvals hit a six-month high in February, rising for a third straight month and suggesting the housing market could start to regain momentum, Bank of England data showed on Monday. Mortgage approvals for house purchases numbered 61,760 in February, up from 60,707 in January. Analysts in a Reuters poll had forecast 61,500 mortgage approvals were made in February. The number of …

Mortgage rates tumble

Average interest rates on fixed-rate mortgages fell this week to their lowest level since May 2013, Freddie Mac said Thursday.