New data Mortgage Approvals (Oct)
11/29/2024
actual 68.303, previous 65.65
The Mortgage Approvals report for the UK in October showed an actual value of 68.303 thousand approvals, which was higher than the previous value of 65.65 thousand approvals. This represents a 4.041% increase from the previous period. The market expectation, or estimate, was 64.5 thousand approvals, meaning the actual number exceeded expectations. Mortgage approvals are an important indicator of the health of the housing market and the overall economy, as they reflect the level of demand for home purchases. This event is considered to have a medium impact on the GBP currency.This is not investment advice. Remember to verify the information provided here.
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