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Mortgage approvals edge up in January for second monthly rise

British mortgage approvals edged up in January to show their second monthly increase, Bank of England data showed on Monday, a latest sign that a housing market slowdown may be starting to fade. Mortgage approvals for house purchases numbered 60,786 in January, edging up from 60,349 in December to hit the highest level since September of last year. Analysts in a Reuters poll had forecast 61,000 …

UK mortgage approvals edge up in January for 2nd monthly rise

British mortgage approvals edged up in January to show their second monthly increase, Bank of England data showed on Monday, a latest sign that a housing market slowdown may be starting to fade. Mortgage approvals for house purchases numbered 60,786 in January, edging up from 60,349 in December to hit the highest level since September of last year. Analysts in a Reuters poll had forecast 61,000 …