U.K.: BBA Mortgage Approvals rose above estimates to 5-month high

Market news

25 March 2015

U.K.: BBA Mortgage Approvals rose above estimates to 5-month high

Today data on Mortgage Approvals came in above estimates easing concerns over U.K.'s housing sector. The housing market is supported by record low interest rates.

The number of new mortgages rose to 37,300 in February, a 5-month high, from revised 36,500 in January. Analysts expected an increase to 36,900.

Gold takes a breather from 5-day rally

Option expiries for today's 10:00 ET NY cut

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