New data Mortgage Lending (Oct)
11/29/2024
actual 3.44, previous 2.57
The event is the release of the Mortgage Lending data for the UK in October. The actual value reported is 3.44, which is higher than the previous value of 2.57. This indicates an increase in the amount of mortgage lending in the UK. The change from the previous value is 0.87, representing a percentage change of 33.85%. The impact of this event is considered medium, meaning it could have some influence on the market. The estimate for this data was 2.85, so the actual value exceeded expectations. Overall, this data suggests a growth in mortgage lending in the UK, which could have implications for the housing market and the overall economy.This is not investment advice. Remember to verify the information provided here.
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